Glencore
Glencore's Overview
Glencore is one of the world's largest globally diversified natural resource companies. Founded in 1974 (as Marc Rich + Co AG, becoming Glencore in 1994), it operates as a leading producer and marketer of a wide range of commodities, including metals and minerals (copper, cobalt, zinc, nickel, ferroalloys), energy products (coal, oil), and formerly agricultural products (its stake in Viterra is being sold). The company's operations span across more than 35 countries, encompassing mining, smelting, refining, and marketing activities. Glencore aims to responsibly source the commodities that advance everyday life and contribute to the transition to a low-carbon economy.
Where is Glencore's Headquarters?
HQ Function
Serves as the central hub for global strategy, corporate governance, finance, risk management, and key decision-making processes for the multinational company.
Notable Features:
The Baar headquarters is a modern office facility, designed for efficiency and functionality. It supports Glencore's global operations with advanced communication and technology infrastructure, rather than being known for specific architectural extravagance.
Work Culture:
The work culture at Glencore's headquarters is generally characterized by a dynamic, fast-paced, and results-driven environment, reflecting its commodity trading origins. It emphasizes expertise, entrepreneurial spirit, accountability, and a focus on performance within a global, multicultural team.
HQ Significance:
The Baar headquarters is significant due to Switzerland's stable political and economic environment, established commodity trading ecosystem, and central European location, which facilitates global operations management and access to international financial markets.
Values Reflected in HQ: The headquarters' operational focus and strategic location reflect Glencore's values of efficiency, entrepreneurialism, simplicity, and a pragmatic approach to its global business. It supports connectivity and oversight of its worldwide assets and marketing activities.
Location:
Glencore supports a vast range of functions globally, reflecting its diversified natural resource operations. These include: exploration and geology; mine planning and development; open-cut and underground mining; ore processing and beneficiation; smelting and refining; global logistics and transportation (including chartering, shipping and rail); commodity marketing and trading across metals, minerals, and energy; financial and risk management; mergers and acquisitions; sustainability, environmental management and community relations; and investment in technology for resource optimization and decarbonisation efforts.
Street Address:
Baarermattstrasse 3
City:
Baar
State/Province:
Zug
Country:
Switzerland
Glencore's Global Presence
London, United Kingdom
Address: 50 Berkeley Street, London, W1J 8HD, United Kingdom
Central point for European market interactions, managing parts of the global trading portfolio, corporate affairs, and engaging with the UK financial community and investors.
Singapore, Singapore
Address: 38 Beach Road, #28-11 South Beach Tower, Singapore 189767
Key operational base for accessing and serving rapidly growing Asian markets, managing regional supply chains, commodity trading, and engaging with local partners and customers.
Stamford, Connecticut, USA
Address: 300 First Stamford Place, Stamford, CT 06902, USA
Manages commercial activities, logistics, and customer relationships throughout North America, playing a vital role in the company's global commodity flows.
Buying Intent Signals for Glencore
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Executive Team of Glencore
As of April 2025, Glencore' leadership includes:
Investors of Glencore
Glencore has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Glencore has experienced key executive transitions in the past 12-18 months, including a new General Counsel and a new Head of Sustainability, underscoring strategic adjustments in legal, ESG oversight, and commodity leadership.
Departures
New Appointments:
Technology (Tech Stack) used by Glencore
Discover the tools Glencore uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Glencore Email Formats and Examples
Glencore typically utilizes a standard corporate email format, most commonly combining an employee's first name and last name, separated by a period, followed by the @glencore.com domain. While this is the predominant format, minor variations might exist, but this structure is widely used for professional communication.
firstname.lastname@glencore.com
Format
jane.doe@glencore.com
Example
90%
Success rate
News and media
Reuters • May 16, 2024
Glencore in Talks to Sell Down Stake in Teck Coal Unit, CEO Says
Glencore CEO Gary Nagle announced that the company is in discussions with various steelmakers and other partners to sell down its majority stake in Teck Resources' steelmaking coal business (EVR), which it agreed to acquire. The strategy involves reducing its holding and eventually demerging the combined coal operations to focus on transition metals....more
Glencore Press Release • April 30, 2024
Glencore Releases Q1 2024 Production Report
Glencore published its first-quarter production results, noting own-sourced copper production of 239,700 tonnes and cobalt production of 10,700 tonnes. Coal production was 26.0 million tonnes. The company maintained its full-year production guidance for most commodities, highlighting operational performance amidst market dynamics....more
Glencore Press Release • February 21, 2024
Glencore Announces 2023 Full Year Financial Results and Shareholder Returns
Glencore reported an Adjusted EBITDA of $17.1 billion for 2023. Despite a decrease from the record 2022 levels due to moderated commodity prices, the company highlighted strong cash generation and announced $2.2 billion in shareholder returns, including a $0.13 per share base distribution. It also emphasized progress on its climate strategy and portfolio optimization....more
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