In the news:
Metals trader IXM bids to become China's answer to Glencore - Glencore's exit from Russneft in final stages, deal could be completed this year - Ex-Glencore executives appear in court on corruption charges - 'Cash is king': Why Glencore kept faith with coal - Investors push Glencore to scrap spin-off of heavily polluting coal division - Glencore ditches plan to spin off coal business after shareholders object - UK to charge two more people in Glencore corruption case - Glencore Sticks With Coal, Cites Pendulum Shift on ESG - Glencore abandoned a proposal to spin off its coal business after shareholders encouraged it to keep mining the fossil fuel. - Glencore's only enduring coal strategy is opportunism
Glencore
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ShareKey facts
- city: Baar
- country: Switzerland
- sector: Materials
- foundation year: 1974
- industry: Metals & Mining
- CEO: Gary Nagle
Classified as: organization
Summary
Glencore is a company. It is located in Baar, Switzerland and was founded in 1974. The company is part of the Materials sector, specifically in the Metals & Mining industry.
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Glencore is one of the companies in Switzerland, companies in Metals & Mining, companies in Materials and 3,466,499 companies in our database.
- Assets: 127.5B $
- Debt: 31.2B $
- Employees: 135,000 people
- Free cash flow: 3.7B $
- Market cap: 69.5B $
- Profits: 5B $
- Revenues: 244.4B $
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Talking Points:
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- We are a global & diversified natural resource company, responsibly sourcing the commodities that advance everyday life.
- Responsibly sourcing the commodities that advance everyday life. | We are a global and diversified natural resource company. From powering the electric vehicle revolution, to the smartphone in your pocket, the commodities we source enable modern life. www.glencore.com
- Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments, Marketing Activities and Industrial Activities. The company produces and markets copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. It also engages in the oil exploration/production, distribution, storage, and bunkering activities; and offers coal, crude oil and oil products, refined products, and natural gas. In addition, the company markets and distributes physical commodities sourced from third party producers and its production to industrial consumers in the battery, electronic, construction, automotive, steel, energy, and oil industries. Further, it provides financing, logistics, and other services to producers and consumers of commodities. The company was formerly known as Glencore Xstrata plc and changed its name to Glencore plc in May 2014. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.
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