Glencore plc is the world’s largest company involved in the mining industry and in commodity trading. In 2013, the company completed a large merger with Xstrata plc. Glencore is headquartered in Switzerland. As of 2019, Glencore was by far the leading global mining company based on revenue. However, a large part of this revenue is not earned purely through mining but by trading commodities. Interestingly, Glencore is ranked only in eighth place among mining companies when ranked by market capitalization.
In 2019, Glencore generated some 215 billion U.S. dollars of revenue in total. In 2012, Glencore had a record revenue of 236 billion U.S. dollars. Compared to 2009 figures, this was an increase of over 200 percent. The company generates most of its revenues in the energy products segment, which accounted for 62 percent of the company's revenues in 2019. Metals and minerals made up around 39 percent, while the 'corporate and other' segment accounted for the rest of the company's revenues. From a regional view, Glencore earns more than one third of its revenues in both Europe and Asia, respectively.
Vast amounts of commodities are turned over by Glencore. Nearly 100 million metric tons of coal (thermal coal mainly) and some 1.7 billion barrels of crude oil and oil products were sold in 2019. Through the merger with Xstrata, Glencore significantly strengthened its mining and metals segment. Thus, the amount of gold sold increased from 746 thousand ounces in 2012 to up to 2.1 million ounces in 2019.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.
In the following 5 chapters, you will quickly find the 26 most important statistics relating to "Glencore".