glencore plc said friday that it now expects earnings from its marketing business to be ahead of the guidance range in 2021 the ftse 100 company forecast fullyear marketing adjusted earnings before interest and taxes to exceed the top end of the longterm guidance range of 22 billion32 billion per annum in addition the commodity mining and trading company said its assets performed in line with expectations in the third quarter and that fullyear production guidance remains unchanged the angloswiss group produced 895500 metric tons of copper in the nine months ended sept 30 down from 934700 tons a year earlier notably as energy markets have improved we are recovering from the marketdriven production cuts initiated within our australian coal portfolio in the second half of 2020 chief executive gary nagle said cobalt production rose 8 to 23400 tons zinc edged down 05 to 855800 tons lead was 11 lower at 173400 tons and nickel fell 13 to 71100 tons ferrochrome production increased 65 to 107 million tons gold output fell 9 to 593000 ounces and silver rose 2 to 2379 million ounces oil was 23 higher at 415 million oilequivalent barrels glencore reported that on oct 15 it had agreed the sale of its chemoil terminals llc subsidiary which owns two oil storage terminals in california for 242 million closing is expected before the end of the year