---
title: "Key facts: Glencore excess DRC cobalt; 2026 guidance held; costs rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284855550.md"
description: "Glencore (GLEN) holds excess DRC cobalt above quotas, will sell when possible. 2025 quotas rolled into 2026 (22,800 t). Unused Q1 2026 quotas valid until June; exports to normalize in 2026.1Glencore (GLEN) kept 2026 production guidance despite operational challenges and two Australian mine closures; reported cost pressures from higher diesel and sulfuric acid affecting trading outlook.2Glencore CEO Gary Nagle said Iran war raised input costs (diesel, acid) and weakened USD. Year-to-date prices: copper +~5%, zinc +~7%, energy coal +~22%; stronger prices may boost margins.3"
datetime: "2026-05-01T01:05:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284855550.md)
  - [en](https://longbridge.com/en/news/284855550.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284855550.md)
---

# Key facts: Glencore excess DRC cobalt; 2026 guidance held; costs rise

-   Glencore (GLEN) holds excess DRC cobalt above quotas, will sell when possible. 2025 quotas rolled into 2026 (22,800 t). Unused Q1 2026 quotas valid until June; exports to normalize in 2026.1
-   Glencore (GLEN) kept 2026 production guidance despite operational challenges and two Australian mine closures; reported cost pressures from higher diesel and sulfuric acid affecting trading outlook.2
-   Glencore CEO Gary Nagle said Iran war raised input costs (diesel, acid) and weakened USD. Year-to-date prices: copper +~5%, zinc +~7%, energy coal +~22%; stronger prices may boost margins.3

### Related Stocks

- [GLEN.UK](https://longbridge.com/en/quote/GLEN.UK.md)
- [GLNCY.US](https://longbridge.com/en/quote/GLNCY.US.md)

## Related News & Research

- [Abcourt Mines Q3 FY26 net loss widens to C$7.71 million; revenue totals C$7.88 million](https://longbridge.com/en/news/287269530.md)
- [Zinc Hovers Near 3½-Year High](https://longbridge.com/en/news/286712421.md)
- [Trillion Energy Announces Warrant Extension | TRLED Stock News](https://longbridge.com/en/news/287263374.md)
- [Ameresco's Kūpono Project Named Winner in 2026 Environment+Energy Leader Awards | AMRC Stock News](https://longbridge.com/en/news/286768485.md)
- [Openreach expands electric van fleet to 7,000 vehicles](https://longbridge.com/en/news/287173417.md)