Glencore coal mines. Australia, producing up to 11.

Glencore coal mines Earning while you learn is a great way to start your career. The combined pure-play coal business will be far larger than anything US or European investors have seen before. How does gas drainage work? There are two phases of gas drainage in underground mining operations. Glencore’s Australian coal business has reduced GHG emissions by over 28MT CO2-e. Interested in working for Glencore? We offer opportunities for a diverse range of dedicated, driven people. We will seek opportunities to increase the supply of transition-enabling commodities from our own industrial Glencore’s coal mines are also leaking vast quantities of methane gas, which is 84 times more polluting than carbon dioxide in the short term, directly into the atmosphere from its Australian coal mines. Glencore is one of Australia’s largest coal producers with 13 mining complexes—including 17 operational mines—across New South Wales and Queensland. Collinsville Open Cut is a surface coal mine located at Collinsville, in the northern part of Queensland’s Bowen Basin, approximately 80 kilometres south-west of Bowen. movements in the pricing of non-NEWC quality coals, coking coal margins and the lag effect of 2021’s JPU fixed-price Glencore first invested in the Australian coal industry in 1998 when we acquired the Cumnock and Mt Owen mines. Glencore is one of Australia’s largest producers of coal, for export, with 17 operational mines across New South Wales and Queensland. Glencore aims to be a net zero total emissions company by 2050. The products we use today that Glencore helps make We operate in more than 35+ countries around the world. Those coal deposits are associated with selenium, an element that inhibits Baal Bone Colliery closed as a mining operation in 2011 and played an important role for Glencore Coal as an employee training facility from 2012 to 2018. Ulan Coal operations is 100% owned and managed by Glencore and comprises two underground mining operations – Ulan Underground and Ulan West Operations. My apprenticeship has opened up a new Glencore, which produces 131 million tonnes of coal per year from mines in Australia, Colombia and South Africa said its own coal operations would be depleted by 2035 without new investment. 15 billion rand (£90. Ulan Coal is located near the village of Ulan in central-west New South Wales, about 45 kilometres north-east of Mudgee. Main page. Teck operates five steelmaking coal mines in the Elk Valley of southeastern B. Glendell Operations is 100% owned and managed by Glendell Tenements Pty Limited managing Glendell and Ravensworth East mining areas on behalf of Glencore Coal Australia Pty Limited (Glencore). [5] [6] [7]The company was formed in 1994 by a management Glencore is pleased to announce that 52 hectares of rehabilitated mined land at Liddell Coal mine has received New South Wales (NSW) Government sign-off. Glencore Coal We do not believe that selling our coal mines would help reduce the associated emissions. 93 billion for a 77% interest in Teck’s coal assets, while steelmakers Nippon Steel Corp. At the end of our four years, based off our performance throughout our apprenticeship, we get a bonus. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. 7 million tonnes per annum, on average, in Kriel, Emalahleni, Mpumalanga, South Africa. We own 100% of the Integra Underground operations. Bulga Coal is a joint venture between Saxonvale Coal Pty Ltd (87. About Glencore's coal business in Australia. See how we're powering modern life. Saxonvale Coal Pty Ltd is 100% owned by Oakbridge Pty Limited. Partnerships. We recommenced operations in 2017 to meet a specific need identified in the coking coal market. 790. Wonderfontein Coal Mine is an operating coal mine in Belfast, Nkangala, Mpumalanga, South Africa. Our Spring Creek North Continuation Project, also known as requirements of these Codes and are consistent with Glencore Coal’s internal Coal Resource and Reserve Estimation and Reporting Standard. Tweefontein Complex is a group of operating surface and underground coal mines jointly owned by Glencore and African Rainbow Minerals (ARM), near Emalahleni, in Mpumalanga, South The average Newcastle coal (NEWC) settlement price for 2023 was $173/t. This addition is expected to increase the company's potential saleable coal by over 30% through to the end of mine life, with EVR's metallurgical coal mines having an average life of 31 years, extending beyond 2050. Glencore is Australia's largest coal producer, with 15 mining operations across New South Wales and Queensland. This place is enormous, unlike anything else and has so much potential, which keeps the job interesting. Project status. Search for opportunities. 6 million tonnes of direct emissions each year (Scope 1 emissions) from their existing Australian coal mines, and the new projects and Glencore is a huge company with many possibilities, and Mount Isa Mines alone is a diverse site with a lot of opportunity for movement and growth. Glencore Canada’s two founding Liddell Coal Operations is a former open cut mine, which produced thermal and metallurgical coal for the export market. The program will involve a great Glencore is buying out its partners’ interests in one of the world’s biggest open-pit thermal coal mines, the latest deal in an industry being reshaped by pressure from banks and investors. The Wandoan Coal Project was placed on hold in September 2013 and Glencore has indicated that we will only bring on new 1 Excludes Volcan. Notes for editors About Glencore Australia. ’s coal-mining unit, according to shareholder Tribeca Investment Partners. 7bn, expanding the miner’s presence in the global coal markets as others seek to move away from the fuel. Liddell Coal is operated and managed by Liddell Coal Operations Pty Ltd, a wholly owned subsidiary of Glencore About Glencore's coal business in Australia. COAL MINE REHABILITATION www. Glencore refers to its announcement of 28 June 2021, in which it announced its intention to acquire Anglo American’s and BHP’s respective 33. Glencore is one of Australia’s largest coal producers. View more. Thiess Pty Ltd is contracted by Glencore to operate Mt Owen Mine, excluding the CHPP and associated infrastructure. Who we are. 1 million tonnes reflects Canadian steelmaking coal production of 5. 80/t to reflect e. The world needs a reliable source of strategic commodities. Join us on this exciting journey and make a meaningful impact on your professional development. Coal Who we are Current operations Coal. 5b. Product coal is railed 100 kilometres to Dalrymple Bay Coal Terminal for export. Elise Pfeiffer m: +61 408 095 530 e: Elise Pfeiffer. Read more; Sustainability. Collinsville mine is an open cut mine, owned by Glencore, that produces thermal and metallurgical coal in Queensland, Australia. 22. Glencore's steelmaking coal production of 11. Lou Caruana. Glencore made almost $18 billion last year mining coal, albeit during an Coal Operations and projects. 7 million tonnes during the quarter, accounting for 82 days of Glencore’s ownership in Elk Valley Resources (EVR). In 2023 Liddell Coal Operations mined its last coal after 100 years of operation. Switzerland-based trading and mining firm Glencore will close three Australian coal mines when they reach the end of their formal mine lives by the end of 2023, with another awaiting approval to extend beyond 2023. Glencore continues to engage openly and regularly with the communities of Broke, Bulga, Singleton and the wider Hunter Valley region of New South Wales. GCAA is part of Glencore PLC, one of the world’s largest global diversified natural resource and commodities trading We will also reduce our thermal coal production over time. Coal production of 50. Explore our global presence here. Founded in 1974, Glencore inherited a century-old legacy in 2013 through organic growth and Canadian acquisitions. Steelmaking coal production of 11. Australian steelmaking coal production was moderately ahead of the comparable 2023 period. Potential workforce. 7 billion. Australia, producing up to 11. Active mining operations. au. Our chromite assets are held through our majority stake in the Glencore-Merafe Chrome Venture, and our vanadium assets through Glencore Coal is committed to returning mine sites to self-sustaining native ecosystems, agricultural use or other suitable purposes that meet requirements set down by government. Employees and contractors. We provide employment for almost 10,000 Australians and in 2020 managed the production of about 99 million tonnes of thermal and coking coal, predominantly for Note: The above section was automatically generated and is based on data from the Global Coal Mine Tracker April 2024 release and the September supplement. The rehabilitation now represents agricultural grazing pasture and has met all closure criteria and objectives set out by the Department of Planning and Environment and the NSW Resources Suppliers who wish to work with us are invited to view the opportunities we have available through our Coal and Ferroalloys supplier portals. The Liddell coal mine (NSW) is scheduled to cease production later in Glencore's deal to buy Teck Resources' steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies - for a decade or two at least - even as they are phased out in Glencore has bought Rio Tinto’s Hail Creek coal mine in Australia for $1. By some estimates, it is the world's largest commodity trader, [4] and among the world's largest companies. Glencore first invested in the Australian coal industry in 1998 when we acquired the Cumnock and Mt Owen mines. $1. Coal Mine Rehabilitation 2020 Update Brochure 4 June 2020 . $2. Mine closure and rehabilitation works at Liddell now fall under About Glencore Australia. 2% interest in the Valeria coal resource in central Queensland for a total cash consideration of US$1. Glencore and Metals Acquisition Corp (MAC) (NYSE: MTAL) have today closed the sale and purchase of Glencore’s 100% interest in Cobar Management Pty Ltd (CMPL), the owner of the Cobar copper mine in New South Wales, Australia. Log in; Navigation. Diversified miner Glencore will become the sole owner of the Cerrejon thermal coal mine in Colombia by buying out partners BHP and Anglo American, boosting its coal assets at a time when others As part of the deal, Glencore will pay $6. Use the link below to search for jobs anywhere in the world. B. This will enable Glencore to extract a further 52 million tonnes of coal through to the end of 2030. 's Environmental Assessment Office. The remaining 18% of Hail Creek is currently owned Elk Valley Resources (EVR) operates four steelmaking coal mines in the Elk Valley of British Columbia, providing jobs for more than 5,000 people. This milestone marked the beginning of a new era for the site with focus now shifting to mine closure and rehabilitation works. We also operate metals processing assets in Queensland, Western Australia and the Northern Territory, including concentrators, smelters and refineries. We provide employment for almost 10,000 Australians and in 2020 managed the production of about 99 million tonnes of thermal and coking coal, predominantly for export. Spring Creek North/Rolleston Coal Mine Continuation Project. Glencore plc (“Glencore”) announces that it has entered into a binding agreement with Teck Resources Limited (“Teck”), for the acquisition of a 77% effective interest in the entirety of Teck’s steelmaking coal business, Elk Valley Resources (“EVR”), for US$6. First, gas is extracted from the coal seam before mining begins in each longwall panel (known as pre-drainage). These sites, where we mine and process metals, provide the commodities that play an essential role in modern life. Coal is an important part of our global commodity portfolio and we are Glencore is one of Australia’s largest coal producers. Cumnock remains a part of our Ravensworth Surface Operations since closing in 2011, and is being rehabilitated while adjoining Narama and Ravensworth North open-cut mines continue to produce thermal coal. More than half of Glencore’s earnings last year came from its coal-mining business, “Clearly, 2022 was peak for coal prices, a peak for Glencore’s earnings and now the debate is, how Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal; Mangoola; McArthur River Mine; Mt Owen Complex; Ravensworth operations; Ulan Coal; United Project; We produce and market thermal coal for a range of industrial and energy customers. Our coal is exported from Abbot Point, Dalrymple Bay, Wiggins Island and RG Tanna coal terminals in Queensland, and from the port of Newcastle in New South Wales. will own the rest. We are committed to responsible resource development, environmental performance and building strong partnerships with communities and Indigenous Peoples. After applying a portfolio mix adjustment (component of our regular coal cash flow modelling guidance) of $115/t to reflect e. Following receipt of the relevant regulatory approvals, the transaction has been completed. 8% in its carbon emissions for 2023 as a consequence of expanding coal production and restarting an oil refinery in The Coal Mountain site is currently in a care and maintenance phase and plays a critical role as a training campus for new employees as part of our efforts to support the industry and continue to build a pipeline of Canadian mining professionals. Such as thermal coal and Glencore will keep its coal business after securing backing from a majority of its investors who see lucrative earnings from the fossil fuel, its CEO said on Wednesday, adding the company could Glencore in the DRC; Mutanda Mining; Kamoto Copper Company; Astron Energy; Katanga Mining Limited; Koniambo; coal, nickel and zinc and lead mining, processing, smelting and recycling operations and projects. Mining has been a part of the landscape in Collinsville since 1866, Glencore is one of the world’s largest diversified natural resource companies. Total contribution. Ownership Glencore became the operator of Hail Creek in August 2018 after acquiring a majority interest in the mine and adjacent coal resources. Our Bulga Coal; Liddell Coal; Mangoola; McArthur River Mine; Mt Owen Complex; Ravensworth operations; Ulan Coal; Glencore refers to its announcement of 28 June 2021, in which it announced its intention to acquire Anglo American’s and BHP’s respective 33. 04 million tonnes of saleable coal Glencore Australia have a number of opportunities opening to graduating or recently graduated university students to join our Graduate Program. The Glendell Continued Operations Project would extend mining at Glendell Mine to around 2044 on land almost completely owned by Glencore. We operate a mixture of open cut and underground coal mines across New South Wales and Queensland, providing work for almost 10,000 people. Glencore is one of Australia’s largest producers of coal for export, with 16 operational mines across New South Wales and Queensland. Energy coal production of 73. Despite retaining its coal assets, Glencore maintains its commitment to achieving climate neutrality by 2050. Note: The above section was automatically generated and is based on data from the Global Coal Mine Tracker April 2024 release and the September supplement. We employ over 7,600 Australians and in 2017 managed the production of more than 87 million tonnes of Anglo-Swiss miner Glencore has provisionally agreed to sell its optimum coal mine in South Africa to Tegeta Exploration and Resources for $136m. We employ around 146,000 people in 50 countries with involvement in both the resources and agriculture sectors. 50: Level 44, 1 Macquarie Place A Glencore-led consortium's successful $9 billion bid for Teck Resources' steelmaking coal unit could face tougher environmental clean-up obligations, as water pollution from the mines comes under Glencore's Ulan Coal Mine Complex is one of New South Wales' longest running coal mining operations and produces thermal coal for export. After applying a portfolio mix adjustment (component of our regular coal cash flow modelling guidance) of $32/t to reflect e. On the base metals side, the company’s reticence in adding copper to the market was shown to be canny after the price pulled back from record levels in the first half as weaker demand overruled supply concerns. It produces 6. GLENCORE TO ACQUIRE HAIL CREEK COAL MINE IN QUEENSLAND. Likewise, the words “we”, “us” and “our” are also used to Glencore has sold its interests in the Ernest Henry copper mine (completed in January 2022) and the Aguilar zinc mine (December 2021). Swiss-based mining giant Glencore says it plans to challenge the proposed listing of a heritage site, the Ravensworth Homestead, that could deter the planned expansion of its Glendell coal mine The mine is located 15 kilometres south-west of Singleton, near the villages of Broke and Bulga in New South Wales’ Upper Hunter Valley. The relevant Mineral Resources and Ore Reserves are no longer stated in this report. Rolleston Open Cut 2023 contribution. g. Day to day Clara aims to ensure that the mining rights that Glencore has do not expire, renewing rights that need to be reinstated and applying for new permits. In Australia, Glencore produces coal, zinc, nickel, cobalt, copper, lead and About Glencore Australia. Glencore has reached agreement to acquire Rio Tinto’s 82% interest in the Hail Creek coal mine and adjacent coal resources, as well as its 71. 0%]; Glencore PLC [24. , where coal has been mined for decades. In Australia, Glencore produces coal, zinc, nickel, cobalt, copper, lead and silver from 22 active mining operations. Glencore aims to be a net zero total emissions Glencore has long insisted that publicly listed mining groups are better placed to run down coal mines responsibly as the world decarbonises, rather than selling them to privately held companies About Glencore's coal business in Australia. Coal resources have been estimated for all coal seams that have reasonable prospects for eventual economic extraction by open cut or underground mining methods within mining leases or exploration licences. Indeed, the copper, cobalt, zinc, lead and nickel we produce and market touches every part of ARM Coal was formed in July 2006 in partnership with global diversified mining group Xstrata Coal South Africa, who later merged to form Glencore. EVR is proud to be part of the Glencore Group, joining a portfolio of Glencore acquired the Integra Underground Mine from Vale in 2016 at a time when the operation was on care and maintenance. Collinsville Open Cut 2023 contribution. Glencore is one of Australia’s largest coal producers with 13 mining complexes– including 17 operational mines – across New South Wales and Queensland. Ownership. We operate 22 mines in Queensland, New South Wales, the Northern Territory and Western Australia. 1% shareholding in the mine, with Glencore becoming the mine operator. Two initial mine acquisitions. In January 2022, Glencore completed the acquisition of the two-thirds of the Cerrejon coal mine it did not already own. 1Mt for the nine months to September was down 7% . Prime examples are the former Westside open cut Our Glencore Coal Australia four-year apprenticeship program will enable you to develop your skills, gain experience and expand your knowledge with new challenges and opportunities along the way. safety and environmental performance at our Glencore Coal operations. Miner and commodities trader Glencore (LON:GLEN), the world’s biggest supplier of thermal coal, has bought out its two Japanese partners in an Australian coal venture that includes Newlands and Glencore 1Full Year 2022 Production Report NEWS RELEASE Baar, 1 February 2023 Full Year 2022 Production Report Glencore Chief Executive Officer, Gary Nagle: “Overall, 2022 production volumes were in line with our revised guidance from October 2022, with final quarter sequential production increases delivered across most of our key commodities, including copper, zinc, She liaises with South Africa’s Department of Minerals, Resources and Energy to support Glencore’s mining rights applications, which give the company permission to mine for minerals. Glencore will be ramping up met coal production. Random page. It is then railed to Dalrymple Bay Coal Terminal for export by ship. Our Collinsville Open Cut operation is Queensland's oldest existing coal mine and produces thermal and coking coal for both overseas and domestic markets. politicians adjust as Glencore buys Teck's coal mines. Glencore is one of Australia’s largest producers of coal, for export, with 15 operational mines across New South Wales and Queensland. At a glance. Responsible stewardship of our coal assets and responsible reduction of our coal portfolio, while maintaining a focus on our high-quality coal assets in Australia, supports our ambition to reduce our total emissions to achieve net zero by 2050. The mine is located 15 kilometres south-west of Singleton, near the villages of Broke and Bulga in New South Wales’ Upper Hunter Valley. The operation is a joint venture between Glencore (55%), SCAP Oaky Creek Pty Ltd (25%) and ICRA OC P/L Suite 19 Private Bag X1 Melrose Arch Johannesburg, 2076 T: +27 11 772 0600 F: +27 11 772 0696 Share prices are delayed by 10 minutes Terms of use Privacy policy Cookies policy Accessibility Speaking openly/Raising concerns submitting United Wambo Open Cut Coal Mine Project - SSD 7142 Preliminary Environmental Assessment (PEA) to the Department of Planning and Environment (DPE) on 30 June 2015 ; lodging United Wambo Open Cut Coal Mine Project Development Application and Environmental Impact Statement (EIS) with the DPE on 11 August 2016; placing the EIS on public exhibition We transport coal by overland conveyor to stockpile and rail loading facilities at the nearby Blair Athol mine. The mine extends over three Mining Lease Application (MLA) areas – 700044, 700045 and 700055 – lodged with the Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Commodities mined by Glencore can help make products of the future possible. D. 6 million tonnes was 3. Now, they are concerned whether Glencore will stick to its word to close seven more coal mines by 2035 to cut emissions in half and how the approximate 20mn tonnes of steelmaking coal inherited The State Significant Development (SSD) 8642 approval provides for the continuation of open cut mining immediately north of our existing mine at Mangoola Coal Operations. would have adverse effect on threatened caribou populations, concluded B. In Australia, we produce a diverse range of commodities, including coal, copper, zinc, nickel and cobalt. We offer opportunities for a diverse range of dedicated, driven people. Contributed to the economy. We are committed to Glencore met coal production up after Elk acquisition. Background. When choosing a supplier, we focus primarily on local, black-owned, black women-owned and black youth-owned businesses, and we do everything we can to Our 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. 12,836,000. About Glencore Glencore has operated in Australia for nearly 20 years and, following its acquisition of Xstrata in 2013, became one of the world’s largest, diversified natural resource companies. "Glencore is well placed to continue to be cash generative in the current environment, and at even lower prices. The project has been granted all the necessary approvals for its various mining leases. movements in the pricing of non-NEWC quality coals, coking coal margins and the lag effect of 2020’s JPU fixed-price contracts, an average thermal The mine is located 120 kilometres south-west of Mackay in the Bowen Basin, Central Queensland. Coal realised pricing. But now Nagle, who cut his teeth in coal mining, may be about to do something that would have been unthinkable when he took office: spin off Glencore’s coal business. Mine closure and rehabilitation works at Liddell now fall How we are working to provide safe and quality-assured products, across our supply chain Glencore is one of the world’s largest globally diversified natural resource companies. The project proponent is Valeria Coal Holdings Pty Limited, a subsidiary of Glencore Coal Pty Ltd (Glencore). The deal will save the mine from closure, as well as an expected 500 jobs. Read more; Climate change. Spent on goods and services. Community Consultative Committee (CCC) meeting minutes . The Zonnebloem mine is situated Glencore expects to shut down 12 coal mines over the next 12 years even as the world’s largest mining company enjoys bumper profits because of high coal prices. GCAA is part of Glencore PLC, one of the world’s largest global diversified natural resource and commodities trading companies. 7Mt during The relevant Queensland authorities have been notified and operations at the mine have been suspended. For further information, please contact: Francis De Rosa m: +61 417 074 751 e: Francis De Rosa. Project benefits over the life of the extension. 93 bn in cash, on a cash free debt free basis, subject to a normalised level Glencore in the DRC; Mutanda Mining; Kamoto Copper Company; Astron Energy; Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal; Mangoola; McArthur River Mine; Mt Owen Complex; Ravensworth operations; Ulan Coal; We are committed to maintaining a culture of ethics and compliance throughout The mine is located 120 kilometres south-west of Mackay in the Bowen Basin, Central Queensland. The average Newcastle coal (NEWC) settlement prices for 2022 was $360/t. and Posco Holdings Inc. Glencore Australia have a number of opportunities opening to graduating or recently graduated university students to join our Graduate Program. 7,000. Tonnes of saleable product. 17,460. The Glendell Open Cut mine is part of Glencore Coal’s Mount Owen Complex, off Hebden Road at Ravensworth. We’re a significant Australian employer, providing work for 17,460 people, Project status. Liddell Coal is a former open cut mine, which produced thermal and metallurgical coal for the export market. As a valued member of our team, you will play a crucial role in a global organisation that is committed to your success. 5 Glencore operates thermal coal mines in Colombia and has added to its holdings there by buying out BHP (BHP) and Anglo American (AAL) in 2022. 1 million), narrowly avoiding closing the operation and saving hundreds of jobs, the unit The proposed open-pit coal mine in northeastern B. . Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal; Mangoola; McArthur River Mine; Mt Owen Complex; Ravensworth operations; Ulan Coal; United Project; We produce and market thermal coal for a range of industrial and energy customers. $23. Glencore Australia The average Newcastle coal (NEWC) settlement prices for 2021 was $137. The joint venture includes an economic interest of 20. The majority of Elk Valley Resources’ directors and two-thirds of its executives or senior managers must be Canadian for the same duration. Glencore became the operator of Hail Creek in August 2018 after acquiring a majority interest in the mine and adjacent coal resources. " %PDF-1. This involves drilling horizontal holes within the coal seam to be Ravensworth Underground Mine Rehabilitation Management Plan; Environmental Protection Licence (EPL) monitoring data. | Credits: Glencore 31 October 2024. Ownership Scan this QR code to find out more about Newlands Coal Our performance in 2023: $388 million invested in goods and supplies 431 people employed across the site 1. 93 bn in cash, on a cash free debt free basis, subject to a normalised level of working capital. 690. 5%) and Nippon Steel Australia Pty Ltd (12. C. The Wandoan Coal Project was placed on hold in September 2013 and Glencore has indicated that we will only bring on new production volumes if the market environment supports adding additional tonnage and does not materially add to any market oversupply. Australians employed. That would leave behind a Rolleston Open Cut mine produces thermal coal predominantly for export. movements in the pricing of non-NEWC quality coals, coking coal margins and effect of JPU fixed-price contracts, an average thermal-equivalent realised price of c. After applying a portfolio mix adjustment (component of our regular coal cash flow modelling guidance) of $33. 3% interests in Cerrejón. Following receipt of the relevant regulatory approvals, the Share prices are delayed by 10 minutes Terms of use Privacy policy Cookies policy Accessibility Speaking openly/Raising concerns Glencore has provisionally agreed to sell its troubled South African coal mine for 2. Recent changes. Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd. Having operated for almost 100 years, I like that the site has a long and rich legacy. com. A Glencore-led consortium’s successful $9 billion bid for Teck Resources’ steelmaking coal unit could face tougher environmental clean-up obligations, as water pollution from the mines comes Glencore Plc is expanding a coal mine that scientists have estimated leaks so much planet-wrecking methane each year it has the same warming impact as the annual emissions from millions of cars Mining and commodities trader Glencore (LON: GLEN) reported on Wednesday an 8. The IMpunzi mine complex is a cluster of coal mines, operated by Glencore. Glencore has received USD775 million in cash and USD100 million in shares (with the effect that as of today’s date Glencore Coal Apprenticeship Program; Metals Apprenticeship Program (copper and zinc). It comprises two underground mining operations - Ulan Underground and Ulan West Operations, which employ 650 people and last year produced more than 70 million tonnes of saleable coal. Glencore Coal Assets Australia (GCAA). Prime examples are the former Westside open cut and West Wallsend underground mines, where our mine site rehabilitation is among the best in the world and a source of Location. Chloe Hickson - Electrical Apprentice, Clermont Coal Mine. Name: Country: Ultimate beneficial ownership % Registered address: Tax Residency: Liddell Coal Preparation Pty Limited: Australia: 67. Simply register your business and follow the prompts. They are already responsible for 4. News that Teck was exploring a sale of its coal division first broke in 2021. During its years as a training mine, more than 300 new underground employees were trained at Baal Bone Colliery. Hear from our apprentices. For more information on Glencore in the DRC; Mutanda Mining; Kamoto Copper Company; Astron Energy; Katanga Mining Limited; Koniambo; coal, nickel and zinc and lead mining, processing, smelting and recycling operations and projects. Newlands Coal is 100% owned by Glencore. The mine is located in Central Queensland’s Bowen Basin, 90 kilometres north-west of Emerald and 46 kilometres south-west of Middlemount. We operate a mixture of open cut and underground coal mines and in 2022 managed the production of about 95 million tonnes of saleable thermal and coking coal. Glencore in the DRC; Mutanda Mining; Kamoto Copper Company; Astron Energy; Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal; Mangoola; We are a major producer and marketer of coal, with mines in Australia, Africa, Canada and South America – while our oil business is one of the leading The mine is located about 30 kilometres north-west of the Glenden township and 190 kilometres west of Mackay in Queensland's Bowen Basin. Coal from Newlands is railed to the Abbot Point port for export. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general. 4 %âãÏÓ 256 0 obj > endobj xref 256 48 0000000016 00000 n 0000001758 00000 n 0000001917 00000 n 0000006802 00000 n 0000007341 00000 n 0000007794 00000 n 0000007956 00000 n 0000008004 00000 n 0000008118 00000 n 0000008202 00000 n 0000008692 00000 n 0000009295 00000 n 0000009719 00000 n 0000010223 00000 n Glencore has provisionally agreed to sell its troubled South African coal mine for 2. Glencore is one of Australia's largest coal producers with 17 operational mines across New South Wales and Queensland. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies. Coal mine ownership has Glencore Canada’s industrial assets, such as our mines, smelters and refineries, employ the majority of the approximately 9,000 employees and contractors in the country. 4%] Switzerland, South Africa Table 6: Historical production (unit: million tonnes per annum) ROM or Saleable 2017 2018 Note: The above section was automatically generated and is based on data from the Global Coal Mine Tracker April 2024 release and the September supplement. 4b . However, the company Operations at the Oaky Creek Coal Mine have been suspended in the wake of Queensland's fourth mining worker death this year and the union is asking questions about safety in the industry. 1 million), narrowly avoiding closing the operation and saving hundreds of jobs, the unit Satellite data showing methane emissions near a Glencore Plc coal mine in Australia is putting pressure on one of the world’s largest commodity trading houses to explain the global hotspot. The coal is exported through the ports of Dalrymple Bay Coal Terminal south of Mackay and from the Port of Gladstone. Our Board is responsible for oversight of overall performance and strategic direction, including with respect to climate change and considers climate-related issues when reviewing and guiding major acquisitions and disposals, overall risk management, capital expenditure and budgeting, setting the Group’s performance objectives and other strategic matters. Learn about our approach to coal mine rehabilitation. In 2014 Glencore and Sumitomo Corporation acquired Rio Tinto Australia's 50. 30/t. 5%). The Strathcona concentrator receives ore from the two Sudbury mines as well as third-party custom feed ores and produces two concentrate streams – a nickel concentrate that goes to the Sudbury Smelter for smelting and a copper concentrate that goes to Glencore’s Copper business for smelting and refining. Zonnebloem Coal Mine (also known as Vulna Colliery) is an opencast mine owned by Glencore and located near Middelburg in Mpumalanga, South Africa. Lithemba Wonderfontein Coal Pty Ltd [50. Coal is one of Australia’s largest Note: The above section was automatically generated and is based on data from the Global Coal Mine Tracker April 2024 release and the September supplement. While Glencore was founded as a trading company in the 1970s, it has since inherited a strong Canadian Glencore Chief Executive Officer, Gary Nagle: “First quarter production was broadly in line with our expectations, accounting for portfolio changes and operational conditions, including the disposals / closures of some zinc and lead mines in the Americas during 2022. Download the Coal Mine Rehabilitation 2020 Update (PDF 7. We employ 7,500 Australians and in 2016 managed the production of nearly 93 million tonnes of thermal and coking coal, predominantly for export. The Switzerland-based mining and For 25 years across Australia, we’ve been mining the coal, metals and minerals that advance everyday life. About Glencore Australia. We aim to achieve and maintain the highest standards of health, safety and environmental performance at our Glencore Coal operations. The Clermont mine is a surface coal mine, operated by Glencore, and owned by a joint venture between Glencore, Sumitomo Corporation, J-Power and J. Current operations Interested in working for Glencore? We offer opportunities for a diverse range of dedicated, driven people. 2% in certain Glencore Baar, Switzerland 11 January 2022. 3b. Mining ceased at Baal Bone in 2011 with the completion of Longwall 31. glencore. Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal; Mangoola; McArthur River Mine; We are Glencore, one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. 6 million tonnes (7%) lower than H1 2023, mainly reflecting the progressive impact of scheduled mine closures, the temporary impact of longwall moves in Australia in 2024 and export rail constraints in South Africa. Glencore Coal is committed to returning mine sites to self-sustaining native ecosystems, agricultural use or other suitable purposes that meet requirements set down by government. We are one of the world's largest producers and exporters of seaborne traded thermal and steelmaking coal. $146m. Its mines Baar, Switzerland 14 November 2023. 3MB) booklet. Collinsville is a wholly owned subsidiary of Glencore Coal Assets Australia (GCAA). Key elements and commencement Liddell Coal Operations is a former open cut mine, which produced thermal and metallurgical coal for the export market. wfcn lmtofa wmokiyhd lme uoyn cdluep wljybjl uawcr zwmp zkekqgx