Fax: +61 2 9251 4740. Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Our strategy. Level 44, Gateway. We are an active participant in the Extractive Industries Transparency Initiative. Notes for Editors Background: Cerrejón is an open-pit coal-export mining operation in Colombia. Mount Isa Mines is one of the world's largest mining complexes. Due to its outstanding conductivity, copper is suitable for use in electronic products such as wiring and connectors, as well as renewable energy technologies and electric vehicles. ch. Phone: +61 2 8247 6300. 25% stake in the MARA Project (MARA or the Project) from Pan American. May 22, 2024 · Glencore plc is the world’s largest company involved in the mining industry and in commodity trading. In 2013, the company completed a large merger with Xstrata plc. 95. We extract and process cobalt in the Democratic Republic of Mar 26, 2024 · It’s the perfect opportunity to shine a light on the work of Carrie, who works as First Nations Programs Coordinator for Glencore Coal Australia. Follow us to stay up to date with all things #GlencoreZA! Share your thoughts and explore the diverse opportunities within the mining industry. Raglan Mine is part of the Glencore group. 5. Our diverse range of commodities come from 23 mines located throughout Australia. The deal Feb 20, 2024 · The London-listed group reported an 87 per cent increase in the cost to build the Araguaia nickel mine to $1bn from $537mn. Mining company Glencore was ranked as the number one mining company in the world as of 2024, with an annual revenue in 2023 of approximately 218 billion U. We offer exciting graduate and entry-level opportunities around the world, in fields ranging from geology and engineering to trading, sustainability, logistics and finance – to name but a few. Dec 27, 2023 · Mining giant Glencore continues to commit serious environmental and human rights violations in its mines in Peru and Colombia despite public promises to respect human rights and the environment A significant year for Glencore, both in terms of governance and results Dear Shareholders 2022 was a significant year for Glencore, both in terms of governance and results, as we continue to support the transition to a low-carbon economy, while also meeting the need for universal access to reliable energy. A, TECK. Glencore has received USD775 million in cash and USD100 million May 29, 2024 · Glencore Plc will start consulting with shareholders on the future of its coal business as soon as its deal to buy Teck Resources Ltd. watenphul@glencore. Under the terms of the agreement, Glencore will pay $475 million in cash Suite 19 Private Bag X1 Melrose Arch Johannesburg, 2076 T: +27 11 772 0600 F: +27 11 772 0696 Hunter Valley Operations (HVO) is a joint venture between Yancoal (51%) and Glencore (49%) which is independently managed on behalf of the JV partners. To make a general enquiry, please complete and submit the form below. We mine and export a range of other metals and minerals, including silver and gold. L) to pay $700 million in connection with its guilty plea over a decade-long scheme Apr 21, 2022 · Glencore recognises our responsibility to contribute to the global effort to achieve the goals of the Paris Agreement. -0. 5 billion to settle accusations of bribery and market manipulation, as authorities in the United States, Britain and Brazil announced May 25, 2022 · Glencore Plc said on Tuesday it anticipates paying up to $1. Glencore in South Africa. Glencore produces and trades copper, cobalt, and nickel to zinc, lead, and ferroalloys, thermal coal and crude oil. Sydney NSW 2000. It has been under management by Glencore Copper since 2017. Glencore Chief Executive Officer, Gary Nagle: “Overall 2023 production was in line with our earlier revised guidance, with stronger second half volumes delivered across our key commodities, including copper, zinc, nickel and coal. . communications@glencore. Our marketing business markets nickel and nickel concentrates, as well as by-products and ferronickel. Nov 14, 2023 · Baar, Switzerland 14 November 2023. Community. Apply online and become part of our dynamic and diverse team. judge on Tuesday ordered Glencore Plc (GLEN. The miner is still generally profitable, but it is in a precarious 18 hours ago · Massive sulfide nickel ore rock (Stock image) Indonesian nickel company PT Ceria Nugraha Indotama is planning an initial public offering (IPO) in the first half of 2025 and is in talks to secure a About. Glencore operates two copper-cobalt operations in the DRC. Jun 15, 2023 · Both Tesla and Glencore say they take measures to address harms caused by mining operations. Glencore is one of the worlds largest globally diversified natural resource companies and one of its largest traders. 4 days ago · In 2017, MUMI became a wholly-owned subsidiary of Glencore, one of the world’s largest diversified natural resource companies. In August 2021, we increased our medium-term emission reduction target to a 50% reduction by 2035 and introduced a new short-term target of a 15% reduction by 2026. Glencore’s Chief Executive Officer, Gary Nagle, commented: “Against the backdrop of a rebalancing and normalisation of international energy trade flows, our Marketing and Industrial segments posted a lower, albeit healthy, earnings performance in 2023, delivering Group Adjusted EBITDA of $17. Glencore's oil and gas head office is in London and its registered . In August 2021, we increased our medium-term emission reduction target to a 50% reduction by 2035 on 2019 levels and introduced a new short-term target of a 15% Jun 28, 2021 · martin. 1 Macquarie Place. It’s why we come to work and it’s what we do. Follow. Glencore is a major producer and marketer of more than 60 commodities that advance everyday life, with a strong footprint in over 35 countries. A and TECK. To extend its Sudbury, Ont. Fields marked with an * are mandatory. Today, Glencore International AG (Glencore) and Pan American Silver Corp. Garside. That’s why it is perfectly suited for fresh water supply lines and plumbing Cobalt. Glencore Canada’s industrial assets, such as our mines, smelters and refineries, employ the majority of the approximately 9,000 employees and contractors in the country. Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that 5 days ago · We are Glencore. May 21, 2024 · M. L (MUMI) is an integrated producer of copper and cobalt in the Democratic Republic of the Congo. C. The Switzerland-based mining and At Glencore, we're committed to responsible mining practices, fostering innovation, and creating lasting value for our stakeholders. Financial performance Jun 28, 2023 · Activist investor Bluebell Capital Partners issued a letter to the Glencore board on Wednesday asking them to remove chief executive Gary Nagle and commence the search for a new external CEO Dec 5, 2022 · Glencore has agreed to pay $180mn to the Democratic Republic of Congo to cover claims arising from alleged acts of corruption, the mining company’s latest settlement with global authorities over Recycling. 71. Sep 8, 2023 · Glencore is making its first-ever investment in a lithium mine in the central African nation after agreeing a deal with Tantalex, a Toronto-listed group exploring for lithium in the DRC. 0 billion, and a Feb 28, 2023 · Companies. The company's operations include refinement, processing, storage and transportation of Glencore Technology develops, markets and supports technology that delivers flowsheet improvements for the real world. 1 billion purchase of Glencore’s CSA copper mine in New South Wales, Australia. 1 billion, cash generated by operating activities of $15. Although its shares were trading below 10p before the warning after Jul 10, 2023 · When Gary Nagle became chief executive of Glencore two years ago, the world was still gripped by the Covid-19 pandemic, and the Swiss mining company had just signed a deal to expand its ownership Feb 28, 2024 · February 28, 2024. Glencore Plc (Glencore) is a diversified natural resources company. We smelt and refine zinc and lead ore in processing plants in Australia, Canada, Spain, Italy, Germany, the UK, and Kazakhstan. Compared to 2022, the moderately lower year Aug 22, 2021 · South Africa is the world’s top chrome ore producer, while Glencore (LON: GLEN) owns 79. KCC operated as an open-pit copper-cobalt oxide and sulphide mining and processing operation from the 1950’s until today. Charles Watenphul t: +41 41 709 24 62 m: +41 79 904 33 20 charles. 16%. In third place Jan 2, 2023 · Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. May 25, 2022 · Glencore Plc said on Tuesday it anticipates paying up to $1. Glencore offers career opportunities for individuals who want to work in the commodity trading and production industry. Our industrial assets are required to develop closure plans, including progressive rehabilitation programmes, to incrementally restore the land over the life of an industrial asset. China’s CMOC Group boosted its cobalt output by more than 170% last year, with surging production at a new mine in the Democratic Republic of Congo helping the company Feb 12, 2024 · According to Glencore, KNS has contributed $5. Located in the Lualaba Province, it employs around 2500 people. Suppliers. The new venture, part of the Sivumut Project, is set to extend the life of the Raglan Mine’s operations by at least two decades. Crucially, Glencore said Jul 31, 2023 · 31 July 2023. 6 billion in economic benefits to New Caledonia since 2012 from construction ($1. We provide natural resources that can build and power the world around us – from businesses to homes, smartphones to laptops, airplanes to electric cars. comprise underground mines, mineral processing and smelting operations Nov 2, 2022 · We would like to show you a description here but the site won’t allow us. 5% of the Glencore-Merafe Chrome Venture, which has a total capacity of 2. (NYSE: PAAS, TSX: PAAS) (Pan American) announced they have reached an agreement for Glencore to acquire the 56. We produce and market more than 60 commodities through about 150 assets and offices in over 35 countries, and are active at every stage of the commodity supply chain. Every one of our technologies is proven first. Reflecting our Purpose to responsibly source the commodities that advance everyday life, our ongoing responsibility is to not only deliver financial performance but also make a positive contribution to society and create lasting benefits for stakeholders in a manner that is responsible, transparent and respectful to the rights of Glencore is a leading producer and marketer of nickel, as well as a recycler of nickel-containing materials such as batteries. At Glencore, we recognise the possibility of a tailings storage facility (TSF) failure as a material risk with the potential to result in Kamoto Copper Company (KCC) and the KOV Open Pit is located approximately 10 km west of Kolwezi in the Lualaba Province of the Democratic Republic of the Congo (DRC). com. 62%. We produce and export essential commodities used in products by people all over the world. IMPUY Impala Platinum Holdings Limited. We currently operate three underground nickel mines, which are among the richest base metal mines in the world. Glencore ‘s Raglan Mine has announced the inauguration of Anuri Mine in Quebec, Canada. We extract and process zinc and lead ore in Australia, South America, Kazakhstan, and Canada. R. View more. In November 2019, we entered a period of care and Zinc and Lead. Dec 27, 2022 · CSN Mineração signed a contract for the purchase and sale of iron ore with Glencore. Glencore Xstrata mining currently has 25 African mining projects listed on Africa Mining IQ, with a combined value exceeding R 415 billion. As part of the transaction Feb 21, 2024 · Baar, Switzerland 21 February 2024. B) (NYSE:TECK) urged investors on Monday to support its plan for splitting into two companies at a vote later this month, adding that Glencore’s (LON: GLEN Dec 6, 2022 · Glencore expects to shut down 12 coal mines over the next 12 years even as the world’s largest mining company enjoys bumper profits because of high coal prices. May 30, 2024 · Ulan Underground is an established, efficient and high production underground longwall coal mining operation situated in the western coalfields of NSW. 3 million tonnes of ferrochrome Jun 12, 2023 · Global miner Glencore , Chrysler parent Stellantis and Volkswagen's battery unit PowerCo have agreed to back a $1 billion deal by blank-cheque fund ACG Acquisition Company to buy two mines in Apr 17, 2022 · Glencore has focused on successively increasing its mining as opposed to trading activities, but it remains a company with a majority exposure to the trading of commodities, which generate over 70 Jun 21, 2021 · Glencore Plc could reopen its Mutanda Mining copper and cobalt project in Democratic Republic of Congo by the end of 2021, about two years after idling the mine. Glencore’s marketing activities in South Africa began in 1974, with mining starting 14 years later, in 1988. We are one of Australia's largest producers of coal, cobalt We are also one of the world’s largest and lowest-cost producers of chrome ore, ferrochrome and vanadium. We also market manganese ore and alloys. Over recent years, the mining industry has experienced several tailings dam failures resulting in catastrophic loss of life and environmental damage. Glencore is a major recycler of end-of-life electronics, lithium-ion batteries, and other critical metal-containing products. , mining operations to 2040, Glencore plans to go very deep underground. These sites, where we mine and process metals, provide the commodities that play an essential role in modern life. ’s (NYSE: MTAL) shareholders have approved the proposed $1. She’s currently working with 12 Glencore operations across two states, assisting First Nations Pathways Program Mar 29, 2023 · We are Glencore. – Teck Resources Limited (TSX: TECK. fewings@glencore. According to the document filed with the Securities and Exchange Commission (CVM), the project foresees an Feb 13, 2024 · Glencore is a mining giant caught between an excellent opportunity on one hand and a difficult financial situation on the other. About Mudgee. We are among Australia's largest producers of coal, copper, zinc, lead, nickel and cobalt. If you are dedicated and driven, you have a can-do spirit, and you are willing to learn and take responsibility, we offer the chance to Nov 13, 2023 · Vancouver, B. A. Learn about Glencore's purpose, people, products, performance and shareholder returns. Glencore is active in the primary production, marketing, and recycling of zinc and lead. Coal. Together, let's pave the way for a brighter, sustainable future. NEW YORK, Feb 28 (Reuters) - A U. Explore our diverse and exciting opportunities across mining, metallurgy, oil production and more. dollars. Operating on a 7-day production roster, Ulan Underground is recognised as a leader in thermal coal export, featuring state-of-the-art mining equipment and the latest technology. 32. For 40 years, we’ve served the global mineral processing, metals smelting and refining industries. Learn more. But this is the second year in a row that Glencore has topped the Resource Centre’s list. We are one of the world largest recyclers of end-of-life electronics, and a major recycler of complex secondary copper, nickel, cobalt, gold, silver, platinum and palladium bearing feeds. 3-billion Onaping Depth project to be fully operational by 2025. As an alloy, copper is hard and resists both heat and corrosion. We produce some of the world’s purest nickel. Glencore Australia | 99,675 followers on LinkedIn. Glencore recognises our responsibility to contribute to the global effort to achieve the goals of the Paris Agreement. Our chromite assets are held through our majority stake in the Glencore-Merafe Chrome Venture, and our vanadium assets through our majority stake in the Rhovan-Bakwena Vanadium Venture. Indeed, the copper, cobalt, zinc, lead and nickel we Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal; and see what it's like to work at Glencore in our Careers Mar 8, 2016 · Two workers died and five are missing at Glencore’s (LON:GLEN) Katanga Mining operation in the Democratic Republic of Congo after a pit wall collapsed on Tuesday. Our operations are located on the northern edge of Quebec. Continuation project The HVO Continuation Project aims to recover further coal resources within the existing mining tenements at HVO, extending the life of mine from 2025 to 2050 at HVO North Jan 4, 2024 · Credit: Kisanfu Mining. Dec 20, 2019 · Glencore is not named as a defendant in the case, the Swiss mining and commodity trading company stressed in a statement External link in response to questions raised by swissinfo. We prioritise empowering Tailings Storage Facilities (TSFs) Message from the CEO. Apr 10, 2023 · Teck Resources (TSX: TECK. We are among Australia’s largest producers and marketers of natural resources, connecting Australian resources from 25 mining operations with Nov 23, 2022 · Glencore recognises our responsibility to contribute to the global effort to achieve the goals of the Paris Agreement. Glencore is committed to advancing everyday life by supplying the commodities needed to develop, sustain and improve the world around us. Glencore LEI: 2138002658CPO9NBH955 . Credit: Artyom Korshunov on Unsplash. Contact. As the hub of Glencore’s copper and zinc operations in Queensland, we: are Australia’s biggest industrial asset, located in Mount Isa, an outback city of more than 22,000 residents. Our 2022 Sustainability Report incorporates our ESG (environment, social and governance) data book, which aligns with the Global Reporting Index’s reporting requirements, and maps to the International Council on Mining & Metals Company Information Key Financials (last Fiscal Year) Profit Ratios World's Most Admired Companies Our Leadership. 2 days ago · Mining is, by definition, a temporary land use and, at the end of its operational life cycle, the land completes its transition to a post-mining land use. Baar, Switzerland 1 February 2024. Glencore plc (“Glencore”) announces that it has entered into a binding agreement with Teck Resources Limited (“Teck”), for the acquisition of a 77% effective interest in the entirety of Teck’s steelmaking coal business, Elk Valley Resources (“EVR”), for US$6. ’s mines closes later this year. Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal Uses of copper. Find out more. The mining project was in the pipeline for more than ten years. Own sourced copper production of 735,800 tonnes was 34,700 tonnes (5%) lower than the comparable 2022 period, reflecting the sale of Cobar in June 2023 and lower copper by-product production outside the Copper department. Africa Mining IQ monitors these operations through an extensive mining project portal that is updated daily, including key contact information for mine owners that enables 24/7 access to reliable, verified mining information. Feb 15, 2022 · In 2020, Reuters reported that Tesla inked a deal with Glencore to purchase a quarter of the mine’s cobalt for its EV batteries, a move seen as an attempt to insulate it from allegations of Nov 17, 2023 · Swiss-based mining giant Glencore says it plans to challenge the proposed listing of a heritage site, the Ravensworth Homestead, that could deter the planned expansion of its Glendell coal mine. Glencore is Australia's largest coal producer, with 17 mining operations across New South Wales and Queensland. It carries out the production and marketing of various mineral commodities. Find the latest Glencore plc (GLCNF) stock quote, history, news and other vital information to help you with your stock trading Jan 2, 2024 · Full Year 2023 Production Report. -7. Media. Glencore is one of the world’s leading industrial producers and marketers of cobalt, a metal expected to become one of the most important raw materials in the transition towards a low-carbon economy due to its use in rechargeable batteries and renewable energy technologies. S. Find investor information and resources for Glencore, a leading natural resource company with global operations. 93 bn in cash, on a cash free debt free basis, subject to a normalised level of working Jan 5, 2024 · Raglan Mine. Then it’s made commercially available. Our ambition is to be a net zero total emissions company by 2050. Congo’s new mines minister Jan 2, 2023 · The mining giant expects its $1. 16 June 2023. In 2023, Glencore finalised the process of transferring 5 % of its shareholding in MUMI to the DRC government as required by the Mining Law and Regulations. 7 billion) and operations ($3. The Board comprises of eight directors, including seven non-executive, a majority of whom are independent non-executive directors. Jun 16, 2023 · Baar, Switzerland / Sydney, Australia. B, NYSE: TECK) (“Teck”) today announced it has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources (“EVR”), through a sale of a majority stake to Glencore plc (“Glencore”) for an implied enterprise value of US$9. We are committed to responsibly sourcing the commodities the world needs to advance everyday life. The “geotechnical failure Apr 26, 2024 · Miner and commodities giant Glencore (LON: GLEN) said on Friday the company was looking at investing in Nigeria’s mining sector, provided the government guarantees a stable business environment. Glencore PLC. au. By doing this, we advance everyday life. Glencore and Metals Acquisition Corp (MAC) (NYSE: MTAL) have today closed the sale and purchase of Glencore’s 100% interest in Cobar Management Pty Ltd (CMPL), the owner of the Cobar copper mine in New South Wales, Australia. . Glencore plc, the Canada Pension Plan Investment Board and British Columbia Investment Management Corporation, the shareholders of Viterra Limited, have concluded an agreement with Bunge Limited to merge Bunge and Viterra in a cash and stock transaction to create a premier diversified global agribusiness solutions company, as announced by Bunge today. We offer a range of specialist Share prices are delayed by 10 minutes Terms of use Privacy policy Cookies policy Accessibility Speaking openly/Raising concerns Oct 30, 2023 · Production highlights. Glencore is headquartered in Sydney Office. Own sourced cobalt production of 32,500 tonnes was in line with the comparable 2022 period. Our Board is responsible for: financial performance; strategic direction; major acquisitions and disposals; overall risk management; capital expenditure and operational budgeting; business planning. We want to bring about long-term growth and opportunity for all our stakeholders, including customers, shareholders, employees, and the communities and Are you looking for a rewarding and challenging career in the commodities industry? Join Glencore, a global leader in responsibly sourcing the materials that advance everyday life. 9 billion), including $3 billion spent Jun 6, 2023 · Metals Acquisition Corp. Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. Over the years, we have established a strong presence in South Africa’s coal and ferroalloy sectors, and have become a major contributor to the country’s local, provincial and national economies. We have long been closing the loop for critical metals like copper, nickel, cobalt, zinc and precious metals. For 25 years across Australia, we’ve been mining the coal, metals and minerals that advance everyday life. 6 days ago · Glencore's mining portfolio is overweight higher-risk countries with relatively underdeveloped institutions and limited legal Glencore is one of the world’s largest commodities traders Graduates. Nov 14, 2023 · Glencore Plc made its name — and minted a generation of billionaires — in large part by mining and trading coal. Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; We are committed to maintaining a culture of ethics and compliance throughout Glencore Mutanda Mining S. Since starting her mining career 27 years ago, Carrie has worked across the country. 1 Jun 13, 2023 · Baar, Switzerland 13 June 2023. May 22, 2023 · Today, Glencore plc (“Glencore”) published its 2022 Sustainability Report, which is available on its website. Its former chief and biggest shareholder Ivan Glasenberg once said the world Glencore | 649,129 followers on LinkedIn. Our coal is exported from Abbot Point, Dalrymple Bay, Wiggins Island and RG Tanna coal terminals in Queensland, and from the port of Newcastle in New South Wales. 5 billion to settle accusations of bribery and market manipulation, as authorities in the United States, Britain and Brazil announced Our 17,350 employees and contractors at Glencore Australia work together in a mining, marketing and distribution network across the country. jc bc ip nz ov yp sx gs sg gm