Glencore

Glencore Share Price & Mining News

Half miner, half trader, and not leaving London just yet.

Glencore Share Price LSE:GLEN is closely watched by global investors.  Glencore share price and mining news, tracked here. The company trades on the London Stock Exchange under GLEN, with a secondary listing in Johannesburg.

Glencore is two businesses in one. It mines metals and coal, and it runs one of the world's biggest commodity trading desks.

What Glencore digs and sells

It is the largest listed coal producer and the sixth-largest copper producer.

The trading arm, which the company calls marketing, turns market swings into profit whether or not its own mines run flat out.

Coal stays, and so does London

After a strategic review, Glencore kept its coal business. Shareholders wanted the cash it throws off.

The company weighed moving its primary listing out of London, where valuations lag New York, but has stayed put for now.

The copper growth plan

Merger talks with Rio Tinto collapsed over terms. The tie-up would have created the world's largest miner.

Going it alone, Glencore is targeting 1.6 million tonnes of copper production by 2035. Gary Nagle has led the company since July 2021.

How Mining Herald covers Glencore

Glencore (LSE:GLEN) share price in GBX is regularly analysed alongside sector trends. Read it beside our copper, coal and critical minerals pages, plus daily company announcements.

FAQs

Where is Glencore listed?
The London Stock Exchange, under GLEN.

Who is Glencore's CEO?
Gary Nagle, since 2021.

Does Glencore still mine coal?
Yes. It kept coal after a review.

What makes Glencore different?
It pairs mining with a large trading business.