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Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. By some estimates, it is the world's largest commodity trader, [4] and among the world's largest companies. [5] [6] [7]
Marc Rich (born Marcell David Reich; December 18, 1934 – June 26, 2013) was an international commodities trader, financier, and businessman.He founded the commodities company Glencore, and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and making oil deals with Iran during the Iran hostage crisis.
In September 2011, using his own dividends, Glasenberg started buying a larger share of Glencore, buying up to an additional US$ 54 million of Glencore stock. [10] In April 2012 it was reported that Glasenberg held more than 15 per cent of Glencore's stock, placing him as the 20th richest mining billionaire, with Forbes estimating his net worth ...
During his tenure Glencore substantially increased their global business to trade over 5Mb per day of crude and products. Beard also created the RussNeft joint venture for production in Russia as well as invested in shipping, refining and storage assets. In June 2019, it was announced Beard would step down as the head of Glencore's oil division ...
Cerrejón is a large open-pit coal mine in Northern Colombia owned by Glencore.At Cerrejón, low-ash, low-sulphur bituminous coal from the Cerrejón Formation is excavated. . At over 690 square kilometres (270 sq mi) the mine is one of the largest of its type, the largest in Latin America and the tenth biggest in the wor
Gary Nagle (born 1975) is a South African business executive, and the CEO of Glencore. Nagle earned degrees in commerce and accounting from the University of the Witwatersrand , South Africa. [ 2 ] He qualified as a chartered accountant in South Africa in 1999.
Mining and commodity giant Glencore is looking to add lithium to the suite of metals it trades, as the raw material is in hot demand due to the rapidly growing production of electric vehicles (EVs ...
In 1981, it was sold to Canada Development Corporation, then sold in 1986 to Falconbridge Ltd., which in 2006 was acquired by Xstrata, which in turn merged with Glencore in 2013. Ore from the Kidd Mine is processed into concentrate at the Kidd Metallurgical Site , located 27 km (17 mi) southeast of the mine, [ 2 ] which until 2010 also smelted ...