Glencore plc

Detailed Description

Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments, Marketing Activities and Industrial Activities. The company produces and markets copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. It also engages in the oil exploration/production, distribution, storage, and bunkering activities; and offers coal, crude oil and oil products, refined products, and natural gas. In addition, the company markets and distributes physical commodities sourced from third party producers and its production to industrial consumers in the battery, electronic, construction, automotive, steel, energy, and oil industries. Further, it provides financing, logistics, and other services to producers and consumers of commodities. The company was formerly known as Glencore Xstrata plc and changed its name to Glencore plc in May 2014. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

Product & Services

Metals and minerals, energy products, agricultural products

Key People

Founder(s): Marc Rich

Gary Nagle (CEO)

Financials

Revenue: US$203.751 billion (2021)

Operating income: US$8.515 billion (2021)

Net income: US$4.349 billion (2021)

Total assets: US$127.510 billion (2021)

Total equity: US$36.917 billion (2021)