Revenue distribution by sectors:

• Metals and minerals: approx. 45%
• Energy products (coal, oil): approx. 40%
• Agricultural products: approx. 15%

TOP 3 Markets:

1. China: approx. 30%
2. Europe: approx. 25%
3. North America: approx. 20%

Glencore plc generates the majority of its revenue from the sale of metals and minerals as well as energy products. The Chinese market is particularly significant for Glencore as it accounts for a substantial portion of its revenue, followed by Europe and North America. These markets are crucial for the company as they exhibit a high demand for Glencore's raw materials and products.

Production Sites:

• Copper: Chile, Peru, Australia, Zambia, Democratic Republic of Congo
• Coal: Australia, Colombia, South Africa
• Zinc: Australia, Peru, Canada, Kazakhstan
• Nickel: Australia, Canada, Norway
• Oil: West Africa, Kazakhstan, Russia

Glencore plc is a globally active raw materials company with a variety of production sites on several continents. The company operates mines, smelters, and refineries in different countries to produce a wide range of raw materials such as copper, coal, zinc, nickel, and oil.

This geographical diversification enables Glencore to benefit from different market conditions and commodity prices. At the same time, it minimizes risks that could arise from political or economic instability in individual countries.

Strategic priorities of Glencore plc (2025):

1. Diversification and expansion in the field of renewable energies
2. Optimization of supply chains and efficiency enhancement
3. Investments in sustainable mining practices

Glencore plc pursues a strategy that is heavily focused on diversification in renewable energies. The company is increasingly investing in projects aimed at the production of battery metals to benefit from the growing demand for electric vehicles and energy storage solutions.

Another focus is on optimizing supply chains and increasing efficiency in existing business areas. Through technological innovations and process improvements, Glencore aims to reduce costs and increase productivity.

Furthermore, Glencore is investing in sustainable mining practices to reduce the ecological footprint and meet environmental, social, and governance (ESG) criteria. This includes initiatives to reduce emissions and promote recycling processes.

Main imported raw materials/materials by Glencore plc:

• Coal
• Copper
• Zinc
• Nickel
• Cobalt
• Crude oil

Main importing countries:

• Australia
• Chile
• Peru
• Democratic Republic of the Congo
• Russia
• Colombia

Glencore plc is one of the world's leading commodity companies and imports a variety of raw materials to support its global trading and production activities. Australia and Chile are significant suppliers of coal and copper, while the Democratic Republic of the Congo plays a central role in supplying cobalt, which is essential for battery production.

Russia and Colombia are also important partners for the supply of crude oil and coal. Glencore leverages its extensive trading networks to source raw materials from these countries and market them worldwide.

Market share in commodity trading: Approx. 60% (2023, estimate) EBITDA margin: 12.5% (2023) Leverage ratio: 0.5 (2023)

Glencore plc has a significant competitive advantage due to its dominant position in global commodity trading. With an estimated market share of around 60% in commodity trading, Glencore is one of the largest players in this sector. This allows the company to benefit from economies of scale and strengthen its negotiating position with suppliers and customers.

The EBITDA margin of 12.5% in 2023 shows that Glencore operates efficiently and is able to generate solid profits from its revenues. The relatively low leverage ratio of 0.5 indicates that the company is financially stable and has sufficient liquidity to invest in new projects or cushion market volatilities.

In addition to its strong market position, Glencore has a diversified portfolio that includes both trading and production of commodities. This diversification reduces risk and provides the company with flexibility to respond to market changes.

Institutional investor share: 70% (estimated, 2025)
Insider purchases/sales: No significant transactions reported (2025)

The institutional investor share in Glencore plc remains high, indicating the trust of major financial institutions in the long-term stability and profitability of the company. These investors include pension funds, investment funds, and other large financial organizations.

In 2025, no significant insider transactions were reported, suggesting that the management and other insiders are currently not making any significant changes to their stake in the company. This can be seen as a sign of stability and confidence in the current corporate strategy.

Market share of Glencore plc: Estimated around 10% (2025)

Top competitors and their market shares:

1. BHP Group: 15%
2. Rio Tinto: 13%
3. Vale S.A.: 12%
4. Glencore plc: 10%
5. Anglo American: 8%
6. Freeport-McMoRan: 7%
7. Teck Resources: 5%
8. Southern Copper Corporation: 4%
9. Antofagasta plc: 3%
10. Norilsk Nickel: 3%

Moat of Glencore:

Glencore plc has a significant moat, mainly derived from its vertically integrated business structure. This structure allows the company to benefit from raw material extraction, processing, and trading. This provides Glencore with a certain level of flexibility and resilience to market fluctuations.

Compared to its competitors, Glencore has the advantage of a diversified portfolio that includes not only mining but also trading. This can be seen as a strategic advantage, as it allows the company to better seize market opportunities and diversify risks.

However, companies like BHP and Rio Tinto also have strong moats, particularly due to their extensive and high-quality mineral reserves as well as efficient production methods. These factors enable them to reduce costs and achieve high profit margins.

Overall, Glencore has a strong, but not insurmountable moat. The competition is fierce, especially in terms of production capacities and efficiency.

Revenue growth: 8% (2024)
EBITDA: $34.1 billion USD (2024)
Net debt: $28.8 billion USD (2024)

Glencore plc recorded a revenue growth of 8% in 2024, attributed to strong demand for commodities and strategic diversification into various markets. The company achieved an EBITDA of $34.1 billion USD, indicating efficient cost control and operational excellence.

The company's net debt amounts to $28.8 billion USD, representing a stable debt situation compared to previous years. Glencore has also increased its investments in sustainable projects and renewable energies in recent years, positioning the company favorably for future growth.

Given these factors, Glencore could present an attractive investment opportunity, especially for investors interested in the commodity sector and looking to benefit from the global energy transition. However, potential investors should also consider the volatility of commodity markets and geopolitical risks that could impact Glencore's operations.

Dividend yield: 6.5% (2025, estimated) Dividend history: Regular payouts in recent years

Glencore plc has regularly distributed dividends to its shareholders in recent years. The dividend yield for the year 2025 is estimated to be around 6.5%, which is considered attractive compared to other companies in the commodity sector.

The reliability of Glencore's dividend payments can be considered high, as the company has been able to maintain its payouts despite the volatility in commodity markets. Glencore benefits from a diversified portfolio and a strong market position, contributing to the stability of its dividend policy.