Glencore – Latest stories from Nourish

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Glencore’s stock stays in London after reversing US listing plans as copper hits record highs amid booming demand for energy and AI infrastructure.

Stories involving Glencore

FTSE 100 Hits 10,000 Amid Venezuela Turmoil

As of January 2026, the FTSE 100 has surpassed the 10,000 mark for the first time, capping a 21.5% gain in 2025 driven by mining, defence, and financial sectors. This milestone comes amid ongoing political upheaval in Venezuela following the US capture of President Nicolás Maduro, which has spurred investor interest in Venezuelan debt and defence stocks, while oil prices remain pressured.

Copper Prices Hit Record Highs

Copper futures on the London Metal Exchange reached a record $11,200 per metric ton, driven by supply disruptions and rising demand from energy and AI sectors. Major miners report lower output, with forecasts indicating a market deficit next year amid geopolitical and environmental challenges. The outlook remains bullish but cautious.