Glencore, through its subsidiaries, is both a significant producer of coal from its assets in South America and South Africa and is itself a market leader in the marketing of coal to global industrial consumers.
Glencore has a market advisory agreement with Xstrata with respect to its export coal sales. Other sources of steam coal are based on purchase contracts and agency agreements with major mining companies.
Glencore has purchase contracts with the major coal and coke producers in Australia, South America, Indonesia, South Africa and Russia and supplies many of the world's power utilities, steel mills, cement producers and chemical plants.
Production assets
