Glencore plc is a global natural resources company with roots tracing back to 1974 when Marc Rich & Co. AG was established as a metals trading business. Following a sequence of mergers and restructurings, the modern Glencore was formed in 2013 through the merger of Glencore International and Xstrata. Headquartered in Baar, Switzerland, the company has grown into one of the world’s largest diversified resource companies, operating across the full value chain from extraction to marketing.
In its metals and minerals division, Glencore engages in the production, processing and refinement of key commodities including copper, cobalt, zinc and nickel. These assets span multiple continents, with significant mining operations in Australia, Africa and South America. The division also includes ferroalloys and manganese to support steelmaking and other industrial applications.
The energy products segment encompasses the production and trading of thermal coal, oil and natural gas. Glencore’s coal operations are located primarily in Australia and South Africa, while its oil portfolio includes both upstream exploration and production as well as midstream logistics. The company markets energy products worldwide, leveraging an extensive network of trading hubs to optimize supply and demand dynamics.
Glencore’s agricultural business covers the origination, trading and processing of grains, oilseeds, sugar, cotton and rice. Its global marketing arm connects producers and consumers through physical trading hubs in Europe, North America, South America and Asia. Under the leadership of CEO Gary Nagle, who took the helm in 2021, Glencore continues to focus on sustainability initiatives, operational efficiency and strategic growth across its diversified resource portfolio.
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