Glencore plc (OTC:GLNCY) is one of the best copper stocks to buy for the AI and electrification boom. The company’s freshest investor-relevant angle came on May 26, 2026, when Reuters Breakingviews argued that Rio Tinto could still have strategic reasons to revisit a merger with Glencore after earlier merger talks collapsed. The analysis pointed to Glencore’s copper assets and development pipeline as a major reason the company could remain attractive, especially as demand from AI, electric vehicles, and the energy transition continues to put pressure on future copper supply.
Glencore’s own production data gives the copper angle more weight. In its April 30 first-quarter production report, the company said own-sourced copper production rose 19% year over year to 199,600 tonnes, driven mainly by improved grades at its African copper operations and higher throughput and grades at Antamina. Glencore does not have a direct data-center supply story, but its copper production, trading scale, and longer-term copper growth ambitions make it relevant to the broader electrification and AI power infrastructure theme.
Glencore plc (OTC:GLNCY) is a Switzerland-based mining and commodities trading company with exposure to copper, cobalt, zinc, nickel, coal, and energy products.
While we acknowledge the potential of GLNCY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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