DIVERSIFIED. DEDICATED. DRIVEN. Melbourne Mining Club June 2015
Our business is a global network that spans entire commodity supply chains 3
Diversity across commodities and geographies coupled with marketing and mining operations is a key strength 181,000 employees (including contractors) Produce and market over 90 commodities 150 mining and agricultural facilities…
Glencore approach Management own 30% of our company Focused on shareholder value We treat every cent we spend as our own money We value entrepreneurship We value results over process We keep things simple and keep bureaucracy to…
Glencore in Australia
We are proud of the contribution we make in Australia - average investment of 2.6bn per annum or 7m a day 7
Over 15 years of successful investment and operation in Australia 8
Contributed over 13bn to the Australian economy in 2014 9
Ulan Underground Coal Mine (NSW)
Mount Isa Mines (Qld) 11
McArthur River Zinc Mine (NT)
Murrin Murrin Nickel Operations (WA)
Viterra Grain Silo and Storage Facilities (SA)
Glencore Technology: IsaKidd
16
Glencore approach to license to operate ENGAGE LISTEN RESPOND Bulga Life Extension Coal Project (NSW) We engaged with 400 stakeholders from the local community and the region We made a number of major changes to minimise impacts: -…
Outlook for coal
Where we are today Glencore first to respond to oversupply Halts Wandoan Greenfield Coal Project Cuts coal production by 15Mt Operating adjustments across our business Continue to review all operations Glencore wont push incremental…
Under all credible scenarios coal remains significant part of the growing global energy mix and coal volumes grow Total Primary Energy Demand Seaborne thermal coal demand Mt 100% 1400 90% Current Renewables Policy 80% 1200…
Carbon is part of the political, social and regulatory landscape that needs to be balanced with the global energy reality Acknowledge the energy reality Mt Thermal coal demand Its not about whether coal will be used, its 2,000 Sth E.…
Closing remarks
Why people invest with Glencore Management aligned with shareholder interests We are more diversified by commodity and geography than our peers We make a real contribution every day in each of our communities and to the economy We…
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