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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]
During February 2017, Northam announced a proposal to purchase the Eland platinum mine for R135 million from its owner Glencore. [2] The mine, said to have 21.3 million ounces of product, had been closed since 2015, due to price falls and difficulties in its operations. [ 2 ]
Quadrem is a procurement support organization in the mining industry.It is an eMarketplace project launched in 2000 to support the purchasing process the mining industry. . Quadrem is one of the few remaining eMarketplace projects still active, most likely because of its global approach and strong support by participating busin
2016 [2]; Rank Company Country Cu production (tonnes) 1: Codelco: Chile: 1,827,000 2: Freeport-McMoRan Copper & Gold: United States: 1,696,000 3: Glencore: Switzerland
On 2 May 2013, Xstrata merged with Glencore to form Glencore Xstrata plc; [56] and on 20 May 2014, Glencore Xstrata changed its name to Glencore plc. [57] In October 2023, it was announced that all copper mining operations would cease by 2025. [58] The closure was attributed to low-quality ore and was expected to affect 1,200 employees. [58]
In February 2014, Glencore Xstrata announced plans to increase ownership to 100% and delist it from the SGX. Robert Chandran died January 7, 2008, from injuries sustained when a helicopter he was traveling in crashed in the Riau Province of Indonesia.On January 14, 2008, Chemoil announced that they appointed Clyde Michael Bandy as its chairman ...
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 ...
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.