Glencore stock gains 1.26 percent on US minerals deal

Glencore stock stood at GBp 552.50 on the LSE on September 23, 2026, up 1.26 percent on the session. On the same date, Glencore announced its selection as a founding partner in VaultCo, a US strategic critical minerals reserve.

USD 500 million supply commitment

Through VaultCo, financing from the Export-Import Bank of the United States will enable Glencore to source, procure, and deliver critical minerals and base metals for US industry. The commitment totals USD 500 million, giving the company's marketing network a direct role in building strategic inventories.

Reuters reported on September 23, 2026, that VaultCo is designed to strengthen US supply chains and reduce future disruption risks. The announcement links Glencore's physical commodity sourcing and logistics capabilities with public financing for industrial supply security.

H1 revenue reached USD 174.43 billion

Glencore's first-half 2026 revenue increased 49 percent year over year to USD 174.43 billion, while adjusted EBITDA climbed 86 percent to USD 10.12 billion, according to The Market Online. Profit attributable to shareholders reached USD 4.41 billion, compared with a USD 655 million loss in the first half of 2025.

That comparison matters because the VaultCo announcement adds a policy-linked demand channel to a business already exposed to commodity prices and trading conditions. The H1 figures show the scale of the earnings recovery, while the new reserve role emphasizes supply access and delivery capacity.

Glencore stock holds the 552.50 GBp level

Glencore stock was quoted at GBp 552.50 on the LSE on September 23, 2026, with a daily gain of 1.26 percent. The combination of a dated market move, a USD 500 million US supply initiative, and 49 percent H1 revenue growth gives investors three concrete measures for assessing the company.