- Rank12
- Previous Rank14
- CEOIvan Glasenberg
- Employees61,000
- Websitewww.glencore.com
The world’s fourth-largest diversified mining company was created in 2012 by merging Glencore International, the world’s largest commodities trading company, with Xstrata, a major mining company. The deal was long anticipated, and with the merger, the company’s market value is nearly $90 billion. The tie-up also enhanced Glencore’s position in emerging markets, such as Africa, Kazakhstan, and South America.
Key Financials
$ Millions | % change | |
---|---|---|
Revenues | 214,436 | 15.2 |
Profits | 1,004 | -75.2 |
Assets | 105,537 | - |