Glencore’s marketing activities in South Africa began in 1974, with mining starting 14 years later, in 1988. Over the years, we have established a strong presence in South Africa’s coal and ferroalloy sectors, and have become a major contributor to the country’s local, provincial and national economies.
In the last 10 years alone, we have invested more than R104 billion in acquiring and developing our assets, and we currently employ over 16,700 employees and contractors.
Our role in South Africa is informed by our social license to operate and, as a responsible operator, we engage with our employees and local communities openly and transparently. Ensuring their collective safety, health and well-being is our highest priority, and we do everything we can to promote equality, preserve human rights and protect the environment.
Our Purpose is to responsibly source the commodities that advance everyday life.
This Purpose guides every decision we make and action every action we take, and is fuelled by our commitment to bringing long-term growth and opportunity to all our stakeholders. These include our employees, local communities, suppliers, partners, customers and shareholders.
In South Africa in particular, where public-private partnerships are so critical to progress, we are pleased to work closely with our communities and government as we set out to achieve our Purpose.
Our ValuesOur Values reflect our Purpose and define what it means to work at Glencore. They are at the heart of our culture and the way we do business.
Where we operateOur four coal operations are located in the coal-rich province of Mpumalanga, while our ferroalloys mines and smelters can be found across the northern part of South Africa, in the North West Province and Limpopo.
We produce two primary commodities in South Africa: coal and ferroalloys.
We are one of South Africa’s leading producers of thermal or steam coal. In South Africa, our coal complexes produce thermal coal for export and domestic power generation.
We are also one of the world’s largest and lowest-cost producers of chrome ore, ferrochrome and vanadium. Our chromite assets are held through our majority stake in the Glencore-Merafe Chrome Venture, and our vanadium assets through our majority stake in the Rhovan-Bakwena Vanadium Venture. We also market manganese ore and alloys.