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.
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