Glencore Share Price on 2 December 2025: Sudbury Copper Deal, Smelter Cuts and What’s Next for GLEN Stock
Glencore and Vale Base Metals announced a deal on 2 December to jointly evaluate a copper project in Canada’s Sudbury Basin, targeting 880,000 tonnes of copper over 21 years. Glencore shares closed at 362p in London, with a market value near £42–43 billion. The company continues to face pressure in South African ferrochrome and from investors seeking higher copper output.