Glencore Plc
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About Glencore Plc
Glencore is one of the world’s largest commodities traders, active in markets for metals and minerals, and energy products. Its marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Its mining or industrials business produces thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners who are generally reducing their exposure to coal, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It also expanded its coking coal exposure via the purchase of 77% of Teck's metallurgical coal business in July 2024.
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Frequently asked questions
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The ticker symbol for Glencore Plc is GLEN:xlon. You can use this code to quickly find the stock in Saxo’s platforms and track its price and performance.
Glencore Plc has its primary listing on London Stock Exchange. You can trade Glencore Plc with a Saxo account, alongside thousands of other stocks worldwide.
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