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Glencore International

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This article is part of the Coal Issues portal on SourceWatch, a project of CoalSwarm and the Center for Media and Democracy. See here for help on adding material to CoalSwarm.

This article is part of the Center for Media & Democracy's spotlight on global corporations.

Glencore International is a major privately-owned mining and commodities company. It has interests in aluminium, alumina, zinc, copper, lead, ferroalloys, nickel, coal, oil and agricultural products.

Glencor's Coal Interests

On its website Glencore states that it is both a "significant producer of coal from its assets in South America and is itself a market leader in the marketing of Coal to the world's industrial consumers."[1]

"Glencore has a market advisory agreement with Xstrata with respect to its export Coal sales. Other sources of Steam Coal are based on purchase contracts and agency agreements with major mining companies. Glencore has purchase contracts with the major Coal and Coke producers in Australia, South America, Indonesia, South Africa and Russia and supplies the world’s power utilities, steel mills, cement producers and chemical plants," it continues.[1]

Glenore subsidiaries own 100% of the Calenturitas and the La Jagua mines in Colombia as well as the Puerto Prodeco coal port. Glencore subsidiaries also own 70% of the Shanduka coal mine in South Africa.[1]

In 2013 Glencore finished the acquisition of Xstrata, which has substantial coal mining operations in Australia, South Africa, Canada and Colombia.[2]

Board

Board

Accessed September 2012: [3]

Contact Details

Glencore International AG
Baarermattstrasse 3
CH-6340 Baar
Switzerland
Tel. +41 41 709 2000
Fax +41 41 709 3000
E-mail info AT glencore.com
Website: http://www.glencore.com/

Articles and Resources

Sources

  1. 1.0 1.1 1.2 Glencore International, "Coal", Glencor International website, accessed June 2008.
  2. Glencore finishes takeover of Xstrata. FT.com (2 May 2013). Retrieved on 3 May 2013.
  3. Glencore International Board, organizational web page, accessed September 23, 2012.

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