12 of 500
Glencore Xstrata
Glencore Xstrata
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. 

Baarermattstrasse 3
Baar. 6340
Website: www.glencore.com
Key financials
$ millions
% change from 2011
Stockholder's equity
Profits as % of
From the July 22, 2013 issue

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.
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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
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