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Glencore

Glencore is a multinational commodity trading and mining company headquartered in Baar, Switzerland. The company operates across the entire supply chain of more than 60 commodities, combining mining and metals production with marketing, logistics and industrial processing activities. Glencore is listed on the London Stock Exchange and the Johannesburg Stock Exchange, making it one of the world's largest diversified natural resource companies by revenue and market capitalisation. Its core business segments include metals and minerals, energy products and agricultural products, with significant operations in copper, cobalt, zinc, nickel, coal and oil. The company operates mines, smelters, refineries and storage facilities across more than 35 countries on six continents, employing approximately 150,000 people including contractors. Major mining assets include copper operations in Africa and South America, coal mines in Australia, Colombia and South Africa, and zinc operations in Australia, Canada and Kazakhstan. Glencore holds significant stakes in several major mining ventures, including a 44% interest in the Collahuasi copper mine in Chile, one of the world's largest copper deposits. The company generates annual revenues exceeding $200-billion, positioning it among the top commodity traders globally. Glencore was formed in 1974 as Marc Rich + Co and rebranded in 1994, before completing its initial public offering in 2011 and merging with Xstrata in 2013 to create the current integrated mining and trading powerhouse.

Glencore News


South Crofty tin mine
Cornish proposes £135m financing, secures tin offtake agreement with Glencore
20th October 2026 By: Marleny Arnoldi

Aim-listed Cornish Metals is undertaking a proposed financing to raise £135-million, which will be available to new and existing institutional investors. The company has announced conditional... 


Glencore's Antapaccay mine
Glencore secures land access agreement for Coroccohuayco expansion project in Peru
20th October 2026 By: Marleny Arnoldi

Diversified miner Glencore's Peruvian subsidiary Antapaccay has completed the access agreements required for the last blocks of land to unlock the brownfield Coroccohuayco copper project in... 


Orion mine site.
$40m for Prieska Copper Zinc Mine development in South Africa’s Northern Cape
19th October 2026 By: Martin Creamer

The first copper and zinc production from Uppers at the reviving Prieska Copper Zinc Mine in South Africa’s well-endowed Northern Cape is targeted for the end of next year, Orion Minerals reported... 


Cobalt metal rounds
Australia's Cobalt Blue secures early offtake agreement with Swiss metals trader
19th October 2026 By: Marleny Arnoldi

ASX-listed Cobalt Blue Holdings has signed a term sheet for the sale of standard-grade cobalt metal rounds to Swiss metals trader STG Metals. The material will be produced at Cobalt Blue's... 


Raglan mine
Glencore Canada VP awarded for sustainability achievements at Raglan mine
16th October 2026 By: Marleny Arnoldi

Canadian nickel, copper, zinc, cobalt and platinum group metals producer Glencore Canada has confirmed its VP Jean-François Verret received a Canada's Clean50 Award in the primary resources... 


Mt Lyell copper mine
Copper squeeze breathes new life into old mines
15th October 2026 By: Reuters

In 1899, the Mt Lyell mine in Tasmania produced some 9 500 metric tons of copper. That made it the largest copper mine in the British Empire, though small by today's standards. In September,... 


Glencore CEO Gary Nagle
Glencore shares trade higher on ASX debut as investors eye copper
14th October 2026 By: Reuters

Glencore's shares traded heavily in their debut on Wednesday on the Australian Securities Exchange, where the miner and trader hopes to secure a better valuation from investors seeking greater... 


EnergyX Lonestar lithium plant
EnergyX signs binding $2bn lithium supply deal with Trafigura
13th October 2026 By: Reuters

Lithium startup EnergyX said on Monday it has signed a $2-billion binding offtake to supply commodities trader Trafigura with the battery metal from Chile and the US, one of the largest deals ever... 


Chart indicating the contribution of various minerals and activities to Glencore's earnings
Glencore shrugs off coal concerns ahead of Australian listing
9th October 2026 By: Bloomberg

Glencore shrugged off concerns that its coal portfolio would make it unattractive to Australia’s A$4.8-trillion ($3.3-trillion) pension industry ahead of its listing in Sydney next Wednesday. The... 


Location of the Marathon copper/palladium project
Marathon copper/palladium project, Canada – update
9th October 2026 By: Sheila Barradas

Generation Mining announced the start of construction on October 1, 2026. 


Copper sheets
Glencore secures RIGI benefits for MARA project in Argentina
2nd October 2026 By: Marleny Arnoldi

Diversified miner Glencore has received approval for the Minera Agua Rica – Alumbrera (MARA) project under Argentina’s Incentive Regime for Large Investments (RIGI). RIGI is a national legal... 


A Glencore-branded vehicle in front of an office building
Glencore raises 2026 marketing profit outlook, resets long-term guidance framework
2nd October 2026 By: Reuters

Glencore on Friday said it now expects 2026 marketing adjusted operating profit to exceed $5-billion, well above its long-term guidance, after a near-record first-half performance driven by... 


Coal on the ground
Glencore, Peabody and Heeney Capital weigh Venezuela coal deals, Bloomberg News reports
1st October 2026 By: Reuters

Glencore, Peabody Energy and investment firm Heeney Capital are weighing deals to produce coal in Venezuela, Bloomberg News reported on Wednesday. Glencore and Peabody are working together on a... 


Radiant World signage
Radiant cuts more jobs after founder loses control of firm
30th September 2026 By: Bloomberg

Radiant World is cutting staff beyond its core iron ore business after a Singapore court last week took control of the troubled commodity trader away from its founder. The latest reductions... 


Hunter Valley coal operation
Glencore wins approval to extend Hunter Valley coal operations in Australia
30th September 2026 By: Reuters

Glencore on Wednesday won approval to continue operations at its Hunter Valley thermal coal project in Australia until 2045, after a State government found the economic benefits outweighed the... 


Haul trucks at a DRC gold mine
Congo to audit major miners annually from 2027 as part of local content drive, regulator says
29th September 2026 By: Reuters

Democratic Republic of Congo will subject major mining companies to annual audits of subcontracting practices and compliance with local-content requirements from 2027, as authorities step up... 


Paul Voigt
Minerals processing startup Valor hires former Redwood Materials VP of engineering
29th September 2026 By: Reuters

US minerals processing startup Valor has hired the former vice president of engineering at recycler Redwood Materials as part of its push to commercialize its technology. Valor is among a wave of... 


People shaking hands
Miners bound to megadeal playbook in pursuit of global scale
29th September 2026 By: Reuters

Mining companies are set on building scale through M&A and partnerships to tackle financial and geopolitical hurdles, despite several thwarted megadeals over the past year. Gold Fields, whose... 


Image of Richards Bay Minerals MD Bayanda Mncwango
Richards Bay Minerals appoints Bayanda Mncwango as MD
25th September 2026 By: Natasha Odendaal

Richards Bay Minerals (RBM) has appointed former COO Bayanda Mncwango as MD, effective October 2026, succeeding acting MD Wilhemina Ngcobo, as she resumes her role as COO. Bayanda, rejoining RBM,... 


ASX building
Glencore expects to start ASX trading on October 14
25th September 2026 By: Reuters

Glencore expects to begin trading on the Australian Securities Exchange under the ticker "GLC" on October 14, the Swiss miner said on Thursday, after meeting all regulatory requirements. The... 


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