Glencore plc Stock News and Forecast (GLEN.L): Share Price Holds Near 390p as Copper, Cobalt and Deal-Making Shape the 2026 Outlook
Glencore shares traded at 389p in London on 23 December, near their 52-week high of 398.80p. The company agreed to acquire a majority stake in Dutch fuel supplier FincoEnergies, aiming to expand in Northwest Europe’s fuel and biofuels markets. The deal awaits EU antitrust approval and is expected to close in Q2 2026. Glencore also outlined plans to boost copper production to 1 million tonnes by 2028.