Glencore

Glencore

HQ - Baar, Zug, Switzerland

Metals & Mining
About Glencore

Glencore plc is a multinational commodity trading and mining company headquartered in Baar, Switzerland. Founded in 1974 as Marc Rich + Co AG, the company was later renamed Glencore in 1994. Glencore is one of the world's largest diversified natural resource companies, with operations spanning across metals and minerals, energy products, and agricultural commodities.

The company's operations encompass the exploration, production, processing, and trading of commodities such as copper, zinc, nickel, coal, oil, natural gas, agricultural products, and more. Glencore operates mines, smelters, refineries, and logistical infrastructure worldwide, with a presence in over 50 countries.

In addition to its mining and production activities, Glencore is also a major player in commodity trading, leveraging its extensive network and expertise to buy, sell, and transport commodities across global markets. The company engages in both physical trading and derivatives trading, providing risk management and financing solutions to customers and counterparties.

Glencore is known for its vertically integrated business model, operational excellence, and ability to navigate complex geopolitical and market dynamics. However, the company has faced scrutiny and controversy over its environmental practices, labor conditions, and business conduct in certain regions.

Despite challenges, Glencore continues to play a significant role in the global commodities industry, contributing to economic development, job creation, and the supply of essential raw materials for industries worldwide.

Active/Inactive Active
Headquater Baar, Zug, Switzerland
Incorporation Year 1974(50 yrs old)
Industry Metals & Mining
Company Employees 10000+
Website www.glencore.com
Social Profile Linkedin
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