Glencore’s coal operations contribute $3.6 billion to the Hunter Region
Media statement
Bulga, Australia
Glencore’s coal operations in the Hunter Region of New South Wales made a direct economic contribution of $3.6 billion in 2021.
Glencore operates nine coal mines in the Hunter, which provided 5,350 direct jobs in 2021, with a majority of employees living and working in the Singleton Shire.
The economic contribution report compiled by Ernst & Young for Glencore showed that in 2021 our Hunter operations spent $1.8 billion on goods and services from 1,200 businesses, many of which are local.
Glencore is also one of the Hunter Region’s largest taxpayers, last year paying nearly $900 million in royalties and taxes to the New South Wales and Australian Governments.
We have been active in the Hunter for more than 20 years, particularly the communities close to our operations including Singleton, Muswellbrook, Broke, Bulga, Lemington, Wybong and Denman.
In 2021, we also partnered with over 100 community organisations in the Hunter and contributed to the creation of the Community and Economic Development Fund (CEDF) in partnership with the Singleton Council and the Bloomfield Group.
The CEDF sponsors projects, activities, and events to increase economic growth and productivity, including support for jobs growth, business profitability, fostering innovation, and improving living standards, health and wellbeing.
Ian Cribb, Chief Operating Officer of Glencore's coal business in Australia said:
“Glencore runs a world-class coal business in Australia. Our Hunter Valley operations make a significant and positive contribution to the communities and families throughout the region. We are a responsible operator, which for us means protecting our people, respecting the environment and being valued by the community.”
Visit Glencore Australia's website for more information and to read the full ‘Economic contribution of Glencore Australia’ report.
For further information, please contact:
Allyn Hamonet
Corporate Affairs
Glencore Coal Assets Australia
m: +61 418 228 075
e: Allyn Hamonet
Francis de Rosa
Corporate Affairs
Glencore Australia
m: +61 417 074 751
e: Francis de Rosa
Notes for editors
About Glencore Australia
In Australia, Glencore produces coal, copper, cobalt, nickel, zinc, lead, silver and gold from 25 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 17,350 people in Australia and in 2021 contributed $14 billion to the regional, state and national economies. This included spend of $9.2 billion with 8,630 businesses across the country, as well as $2.9 billion in government tax and royalty 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.
Glencore’s Director of Environment and Community, John Watson, said the certification proved the benefit of sites maintaining a focus on completing rehabilitation while active mining was taking place.
“Progressive rehabilitation is good environmental and economic practice,” Mr Watson said.
“In the short term, we are minimising our active mining footprint while also making use of the equipment available in a working area to prepare and shape the rehabilitation.
“In the longer term, it is enabling our sites to achieve sign-off well before mine closure, which reduces the amount of rehabilitation required when mining ends and provides a mature, sustainable platform for post-mining land uses.”
To achieve certification, rehabilitated mined land must meet key completion requirements that include:
- mature vegetation and demonstrated species reproduction from seeding
- soil stability that is proving capable of supporting long-term regeneration of species.
Oaky Creek Operations Manager, Dave Stone, said the latest certification at site represented up to 20 years of work by employees.
“Rehabilitation work in some of these areas began as early as 2001,” Mr Stone said.
“It’s a reflection of the investment our people are prepared to make to deliver quality rehabilitation outcomes that meet the expectations of government and the community.
“This is progressing responsible mining through to its completion.”
For further information, please contact:
Allyn Hamonet
m: +61 418 228 075
e: Allyn Hamonet
Francis de Rosa
m: +61 417 074 751
e: Francis de Rosa
Notes for editors
About Glencore
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. The Group's operations comprise around 150 mining and metallurgical sites and oil production assets.
With a strong footprint in over 35 countries in both established and emerging regions for natural resources, Glencore's industrial activities are supported by its global marketing network.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 160,000 people, including contractors.
Visit Glencore's website to learn more.
About Glencore Australia
Glencore has operated in Australia for over 20 years and holds significant interests in a range of commodity industries across all mainland states and the Northern Territory.
We employ more than 17,000 people across the coal, copper, zinc, nickel and oil industries.
In 2021, Glencore generated $14 billion to regional, state and national economies in Australia. The most significant economic contribution came from core business activities: employing people, sourcing from local communities, and paying taxes to host governments.
Learn more about Glencore Australia.
Glencore's coal business in Australia
Glencore is one of Australia’s largest coal producers with 17 operational mines across New South Wales and Queensland.
We provide employment for almost 10,000 Australians and in 2021 managed the production of about 100 million tonnes of thermal and coking coal, predominantly for export. We have a strong safety and environmental performance and play an active role in the development of low emission coal technology.
Visit Glencore Coal Australia's website to find out more.