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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


Rio Tinto's Tomago smelter
Australia commits $1.76 billion to keep Rio Tinto aluminium smelter open
13th August 2026 By: Reuters

Australia on Thursday said it would provide A$2.5-billion ($1.76-billion) to help keep global miner Rio Tinto's Tomago aluminium smelter, the country's largest power user, open beyond 2028, as it... 


Tomago smelter
Rio Tinto aluminium smelter to get Australian gov bailout
12th August 2026 By: Bloomberg

The owners of Australia’s biggest aluminum smelter, including Rio Tinto Group, are set to receive a government bailout to keep the plant operating as it grapples with high energy costs, according... 


Iron-ore in rail wagons
Claims against Radiant World assets have doubled since 2025, filings show
12th August 2026 By: Reuters

One of the world's largest iron-ore traders, Radiant World, has 21 creditors with registered claims over its assets, more than double the number before the start of 2025, according to registered... 


Northern Star's KCGM Super Pit mine
Elliott pushes Australian gold miner Northern Star for board change after talks stall
12th August 2026 By: Reuters

Elliott Investment Management pressed Northern Star Resources for director changes on Wednesday, unveiling a slate of six possible candidates and inviting shareholder support after negotiations... 


Sherritt signage
Consortium of Sherritt shareholders, potential investors suggest new recapitalisation plan
11th August 2026 By: Marleny Arnoldi

Embattled nickel and cobalt refiner Sherritt International Corporation has confirmed receipt of an unsolicited, non-binding proposal from a consortium comprised of Kyma Capital, Glencore and a US... 


Iron-ore pile
Glencore's exposure to Radiant World more than $500m, sources say
11th August 2026 By: Reuters

Glencore's exposure to Radiant World, a company with which the London-listed miner and trader has stopped doing new business, amounts to more than half-a-billion dollars, two sources familiar with... 


Bauxite being loaded onto a ship at a Guinea port
Guinea picks Glencore as offtaker for State-owned bauxite miner
7th August 2026 By: Bloomberg

Guinea picked Glencore as offtaker to buy bauxite produced by State-owned Nimba Mining Co, as the West African nation looks to manage more closely export flows of the aluminum feedstock. Glencore... 


An iron-ore stockpile
Deutsche freezes Radiant World funds as miners move to cut ties
6th August 2026 By: Bloomberg

Radiant World is under growing pressure after two of its key banks froze its funds and major miners moved to cut ties with the iron ore trading house. Deutsche Bank and KBC Group have frozen some... 


The Tenke Fungurume copper and cobalt mine
Congo bans exports of copper, cobalt concentrates, official order says
6th August 2026 By: Reuters

Congo has banned exports of copper concentrate and cobalt concentrate in a major escalation of its drive to force domestic processing and retain more value from its vast mineral resources,... 


A table showing operational and shuttered refining capacity in South Africa
Sasol’s wartime windfall revives debate over coal’s future
5th August 2026 By: Bloomberg

Sasol, the world’s largest producer of fuel from coal, is reaping the benefits of a surge in fuel prices due to the Iran war, while helping shield its home market of South Africa from the resulting... 


The Kabanga project site
US-backed group favored as investor in Tanzania nickel project
5th August 2026 By: Bloomberg

A US government-backed consortium has been picked as the favored candidate to invest in a large nickel project in Tanzania, as the Trump administration looks to fund new supplies of key metals.... 


Glencore CEO Gary Nagle.
Glencore half-year earnings up 86% to $10bn
5th August 2026 By: Martin Creamer

Diversified mining and marketing company Glencore has delivered another strong operational and financial performance for the first half of the year. The assets of the London- and Johannesburg Stock... 


The Cerrejón coal mine
Veriforce Canada supports Cerrejón's contractor oversight, safety, operational efficiency
4th August 2026 By: Creamer Media Reporter

Canadian network of contractor and client relationships Veriforce Canada has partnered with Glencore's Cerrejón coal operation, in Colombia, to support the management of contractor compliance,... 


Rio Tinto CEO Simon Trott
Rio Tinto signals no rush to revive Glencore deal as standstill ends
4th August 2026 By: Reuters

A freeze on Rio Tinto approaching Glencore for a takeover expires this week, but people who have been briefed by top executives don't expect any fresh tie-up talks for now as CEO Simon Trott... 


Orion Minerals MD and CEO Tony Lennox
Orion Minerals expects first tranche of Glencore prepayment facility to be available end-Aug
31st July 2026 By: Chanel de Bruyn

Johannesburg- and Australia-listed Orion Minerals says substantive progress has been made towards satisfying the outstanding conditions precedent related to financing and offtake agreements entered... 


An image of Glencore copper
Glencore reports strong first-half copper production
29th July 2026 By: Tasneem Bulbulia

Diversified miner Glencore reported a strong production performance for the first six months of this year, with its key assets largely performing in line with expectations and previously... 


Glencore copper smelter in Canada
Glencore's copper output up 15%, sees strong $3.3bn marketing earnings
29th July 2026 By: Reuters

Global miner Glencore said on Wednesday first-half copper production rose 15% on higher grades at key operations, while its marketing unit is expected to generate about $3.3-billion in adjusted... 


Pine Point project area
Glencore Canada reduces Osisko shareholding to 11.9%
28th July 2026 By: Marleny Arnoldi

Base metals producer Glencore Canada Corporation has entered into a private agreement with a third party pursuant to which Glencore Canada will sell 21.5-million of its common shares owned of... 


Merafe reports lower output but guides for higher interim earnings
Merafe reports lower output but guides for higher interim earnings
27th July 2026 By: Sabrina Jardim

JSE-listed Merafe Resources has reported that its share of ferrochrome production from the Glencore Merafe Chrome Venture, in South Africa, amounted to 28 000 t for the six months ended June 30 – a... 


Zinc/lead smelting
Glencore plans large LME lead withdrawals after stocks surge, sources say
23rd July 2026 By: Reuters

Commodity trader Glencore plans to withdraw 30 000 tons of lead from London Metal Exchange (LME) warehouses, two industry sources said, after inventories of the battery metal ballooned to record... 


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pqt: 0.029s - ct: 0.074s - 105pq - 2rq
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