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Global 500

Per-Anders Pettersson for Fortune

14

Glencore

GLNCY

Switzerland

Glencore, an Anglo-Swiss mining company that extracts raw materials for everything from smartphones to sugar, has gotten a lift in the past year from rising commodity prices, helping revenues rise 18% and lifting the firm two spots on the Global 500. But in the wake of squabbles with the Congo government over higher royalties for its African copper and cobalt mines, sentiment around the company has soured. And recently other dark clouds have emerged: Glencore has been subpoenaed by the U.S. Department of Justice over its compliance with American anti-bribery and anti-money laundering laws abroad for its work in countries like Nigeria and Venezuela.

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CEO

Ivan Glasenberg

Sector

Energy

Industry

Mining, Crude-Oil Production

HQ Location

Baar, Switzerland

Years on Global 500 List

8

Employees

82,681

Figures prepared in accordance with International Accounting Standards., Company is incorporated in Jersey. Executive offices are in Switzerland.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$205,47618.2%
Profits ($M)$5,777.0318.9%
Assets ($M)$135,593
Total Stockholder Equity ($M)$49,755
Profit Ratios
Profit as % of Revenues2.8%
Profits as % of Assets4.3%
Profits as % of Stockholder Equity11.6%
STOCK QUOTE
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