Glencore plc is a diversified natural resource company headquartered at Baarermattstrasse 3 in Baar, Switzerland. Founded in the 1970s as a trading company, it now combines industrial production with marketing, operating in more than 30 countries with around 140,000 employees and contractors and handling over 60 commodities. Its customers are mainly industrial consumers in the automotive, steel, power generation, battery manufacturing and oil sectors, and it also provides financing and logistics services to producers and consumers of commodities.
Metals and minerals
Glencore describes itself as a major producer and marketer of copper, cobalt, nickel, zinc and lead, ferroalloys and other metals and minerals, supplying metals needed for electrification, batteries and manufacturing. The group's operations and associated companies span the Democratic Republic of Congo, where they include Mutanda Mining and Kamoto Copper Company; Kazakhstan through Kazzinc; Canada, with Raglan, Sudbury INO, the CCR refinery, CEZinc, the Horne smelter, Brenda Mines, Matagami and Elk Valley Resources; Australia, including Mount Isa Mines, McArthur River and the Murrin Murrin nickel-cobalt operation; Norway through Nikkelverk; Spain through Asturiana de Zinc; Italy through Portovesme; and Germany through Glencore Nordenham. In South America the group lists interests in Antamina, Collahuasi, Cerrejón and the El Pachón project, plus Glencore Chile and Glencore Peru. Glencore Technology and XPS supply processing technology and engineering services, and the recycling business recovers metals from secondary materials.
Energy: coal and oil
The energy division covers coal and oil. Coal is produced from a large Australian portfolio that includes Bulga, Liddell, Mangoola, the Mount Owen complex, Ravensworth, Ulan, the United Wambo joint venture, Wandoan and West Wallsend, and is marketed to steelmakers and power generators; oil is traded through the group's marketing business, which also offers the Trakk platform for counterparties. Astron Energy, the South African fuel business, is part of the same division.
Producer, marketer and recycler
The business combines industrial assets that mine, process, refine and recycle physical commodities with a marketing arm that moves them to customers worldwide, and the company reports industrial and marketing profitability separately so that the two earnings streams can be compared. The marketing business supplies both the group's own production and material bought from third-party suppliers, moving commodities by sea, rail and truck into warehouses, ships, storage, port facilities and processing plants before delivery. The traded book includes copper, cobalt, nickel, zinc and lead, ferroalloys, aluminium and alumina, iron ore, gold and silver, plus energy products such as thermal coal, crude oil, oil products and natural gas. Marketing also handles the group's recycling activity, which recovers copper, nickel, cobalt, zinc and precious metals from end-of-life electronics, lithium-ion batteries and other metal-bearing products. The recycling chain covers sourcing from equipment manufacturers and processors, sampling and valuation, refining and direct sale to industrial customers, and its facilities are in North America, South America and Europe.
Two long-established sites anchor that chain. The Horne smelter in Rouyn-Noranda, Quebec, founded in 1927, can process 840,000 tonnes a year of copper and precious-metal-bearing material, and the Canadian Copper Refinery in Montreal, in operation since 1931, converts anodes into 99.99 per cent copper cathodes and refines gold and silver into dore. Sampling plants in East Providence, Rhode Island, and San Jose, California, prepare electronic scrap for smelting, while Altonorte in northern Chile smelts copper concentrates and recycles high-grade copper scrap.
Results and reporting in 2026
The company's published summary of 2025 performance puts industrial adjusted EBITDA at USD 9.9 billion, marketing adjusted EBIT at USD 2.9 billion and shareholder returns at about USD 2 billion. Glencore released its 2026 half-year production report on 29 July 2026 and its 2026 half-year results on 5 August 2026, both announced through the Regulatory News Service of the London Stock Exchange and published on the company website with a results presentation and audio webcast. Investor relations material includes the corporate calendar, share price tools, the annual general meeting, distribution information, analyst coverage, share buy-back details and debt investor documentation covering the EMTN programme and 144A issuances.
Sustainability, ethics and safety
The group's sustainability reporting covers an ethics and compliance programme with board oversight and a published risk register, training and awareness, and a Speaking Openly channel for raising concerns. It also addresses responsible sourcing, tailings storage facilities and water management, and publishes its code of conduct, policies and a 2025 modern slavery statement. Health and safety at operating assets is presented as a standing priority across the industrial portfolio.
Contact
Glencore's head office is at Baarermattstrasse 3, CH-6340 Baar, Switzerland, telephone +41 41 709 2000. The media contacts page publishes [email protected] for general information, Charles Watenphul for media enquiries on +41 41 709 2462, and Martin Fewings for investor enquiries on +41 41 709 28 80; the half-year results page lists the same media and investor contacts. Careers, publications and supplier enquiries are handled through dedicated sections of the website rather than by email.