Financial overview of Glencore
In 2022, Glencore's revenue amounted to nearly 256 billion U.S. dollars in total, which was a record high for the company. Compared to the company's revenue in 2009, this was an increase of over 200 percent. The company generates most of its revenue in the Energy Products segment, which accounted for 167.8 billion U.S. dollars of the company's revenue in 2022. Metals and Minerals made up 90.9 billion U.S. dollars, while the Corporate and other segment accounted for the rest of the company's revenue. From a regional view, Glencore earns more than 40 percent of its revenue in Asia.Glencore's mineral products
Vast amounts of commodities are turned over by Glencore. Nearly 81 million metric tons of coal (thermal coal mainly) and some 1.08 billion barrels of crude oil and oil products were sold in 2022. Through the merger with Xstrata, Glencore significantly strengthened its mining and metals segment. Thus, the amount of gold sold by Glencore increased from 746,000 ounces in 2012 to 1.9 million ounces in 2022.
