12 of 500
Glencore Xstrata
Glencore Xstrata
12
Financials: Latest Results
Rank: 12
Previous rank: 14
CEO: Ivan Glasenberg
Employees: 61,000

The world’s fourth-largest diversified mining company was created in 2012 by merging Glencore International, the world’s largest commodities trading company, with Xstrata, a major mining company. The deal was long anticipated, and with the merger, the company’s market value is nearly $90 billion. The tie-up also enhanced Glencore’s position in emerging markets, such as Africa, Kazakhstan, and South America. 

Headquarters:
Baarermattstrasse 3
Baar. 6340
Switzerland
41-41-709-2000
Website: www.glencore.com
Key financials
$ millions
% change from 2011
Revenues
214,436
15.2
Profits
1,004
-75.2
Assets
105,537
Stockholder's equity
31,266
Profits as % of
Revenues
0.5
Assets
1
From the July 22, 2013 issue

Notes:
Figures prepared in accordance with International Accounting Standards.
Changed name from Glencore International after acquiring Xstrata (2012 rank: 360), May 2, 2013.
Company is incorporated in Jersey. Executive offices are in Switzerland.
What do you think of Glencore Xstrata?
10 Non-native CEOs

Meet these non-native Global 500 chief execs who have beaten the odds and climbed to the top of their org charts.

Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2013. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting. More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.