SKIP NAVIGATION
Back to News

Glencore operations contribute almost $20 billion to Australia
posted: 28/06/2023

Media statement
Sydney, Australia

Glencore‘s latest Australian economic contribution report shows its operations directly contributed $19.9 billion to the Australian economy in 2022. 

This contribution included:

  • providing work for 18,190 employees and contractors
  • spending $10.4 billion on goods and services
  • supporting 7,370 Australian-based businesses
  • paying $2.1 billion in wages and salaries
  • paying $7.5 billion in taxes, royalties and rates to federal, state, territory and local governments

Glencore operates 24 mines across Australia as well as a number of metals processing facilities including concentrators, smelters and refineries.

We are Australia’s largest producer of coal, cobalt, zinc and lead, and second-largest producer of nickel, copper and silver.

Cassandra McCarthy, Head of Corporate Affairs for Glencore in Australia said:

  • We’re proud of our people who make a huge contribution to our success and our ability to make a positive difference in regional Australia and across the country.
  • When mining does well, Australians do well and our economy does well. We should never take that for granted.
  • Glencore has been operating in Australia for more than 25 years, employing two generations of Australian families and continues to make an important contribution to jobs, businesses and the communities where we operate.
  • Glencore works with businesses across more than 100 different industries, like manufacturing, transport, construction, finance, public administration, retail, health care, accommodation and food services and wholesale trade.
  • We support Aussie businesses that range from the local coffee shop to the country’s leading equipment and mining service providers.

For more information:

For further information, please contact:

Francis De Rosa
m: +61 417 074 751
e: Francis De Rosa

Agata Graham
m: +61 478 304 345
e: Agata Graham

Notes for editors

About Glencore Australia

In Australia, Glencore produces coal, copper, cobalt, nickel, zinc, lead and silver from 24 mining operations. We also operate metals processing assets in Queensland, New South Wales, Western Australia and the Northern Territory, including metals smelters, concentrators and refineries.

We are among Australia’s largest producers and marketers of natural resources, connecting Australian resources with industrial customers around the world. Through our diverse portfolio, we responsibly supply the resources that advance everyday life.

We employ 18,190 people in Australia and in 2022 contributed almost $20 billion to the regional, state and national economies.  This included spend of $10.4 billion with 7,370 businesses across the country, as well as $7.5 billion in government tax, royalty and rates payments.

We are committed to providing a safe, inclusive and respectful workplace for our people, to respecting the environment, to engaging openly and constructively with the Traditional Owners on whose lands we operate and to bringing value to local communities.

Glencore recognises our responsibility to contribute to the global effort to achieve the goals of the Paris Agreement. Our ambition is to be a net zero total emissions company by 2050. In August 2021 we increased our medium-term emission reduction target to a 50% reduction by 2035 and introduced a new short-term target of a 15% reduction by 2026.

Learn more about Glencore Australia.