Zinc · Copper · Lead
Glencore and its subsidiaries, market zinc, lead and copper concentrates, raw materials used to produce zinc, lead and copper metals, as well as valuable by-products such as Gold and Silver. In addition, Glencore and its subsidiaries are engaged in the sale of zinc, lead and copper metals produced from concentrates processed through facilities owned by our subsidiaries and through facilities owned by others through tolling arrangements. Glencore and its subsidiaries also market zinc, lead and copper metals purchased from third parties.
The marketing of these commodities is a global operation, involving commodity flows from raw material producers in regions including Canada, Australia and South America to consumers in Western Europe, China, Southeast Asia, the U.S. and Japan, where these materials are smelted and refined to metals.
Production assets
- Subsidiaries of Glencore own and operate 50.7% of Kazzinc, an integrated Zinc/Lead/Copper/Gold production facility in Kazakhstan (zinc and lead metal, copper concentrates).
- Subsidiaries of Glencore own interests in two copper and cobalt operations in the Democratic Republic of Congo, namely a 40% interest in Mutanda Mining and a 75.15% interest in Katanga Mining Limited, listed on the Toronto Stock Exchange (copper metal).
- A subsidiary of Glencore also owns a 73.1% interest in Mopani, a copper and cobalt mine in Zambia (copper metal).
- A subsidiary of Glencore owns 100% of AR Zinc, owner and operator of the Aguilar mine, the Palpala lead smelter and the AR Zinc smelter in Argentina (zinc metal).
- A subsidiary of Glencore owns and operates 100% of the Cobar mine in Australia (copper concentrates).
- A subsidiary of Glencore owns 97% of Los Quenuales, with the balance owned by various minority shareholders. Los Quenuales owns 100% of two Peruvian mines, Iscaycruz and Yauliyacu (zinc and lead concentrates).
- A subsidiary of Glencore owns 78% of Philippine Associated Smelting and Refining Corp. (“PASAR”) on the island of Leyte (copper metal).
- A subsidiary of Glencore owns and operates 100% of the zinc/lead smelting and refining facility in Portovesme in Sardinia, Italy (zinc and lead metal).
- A subsidiary of Glencore owns 100% of Punitaqui, a copper mine and concentrator in Chile, acquired by Glencore as a brownfield development in early 2010. Following rehabilitation works, commercial production commenced in late 2010 with the operation forecast to produce around 40,000 DMT of copper concentrates in 2011.
- A subsidiary of Glencore owns 100% of Sinchi Wayra, the operator of a number of mines in Bolivia (zinc concentrates).
- Glencore owns 34.0% of Xstrata. Xstrata has interests in various zinc smelters, including Asturiana de Zinc, which operates one of the world's largest single zinc smelters. Xstrata has also interests in various copper operations, including the Alumbrera copper/gold operations in Argentina and the Mount Isa and Ernest Henry operations in Australia.
- Glencore owns 7.8% of Nyrstar, a leading global multi-metals business producing significant quantities of zinc and lead as well as other products including silver, gold and copper. Nyrstar is listed on NYSE Euronext Brussels.
- Glencore owns 43% of Perkoa. The Perkoa project is a zinc mine under construction in Burkina Faso.
- A subsidiary of Glencore owns 32.2% of Recylex, a lead, zinc and propylene recycling business, with production sites in France, Germany and Belgium.
- A subsidiary of Glencore owns 6.3% of Volcan, the second largest zinc producer in Peru. An agreement is in place to purchase zinc and lead concentrates under a multi-year contract.
