What does glencore mean?
Definitions for glencore
glen·core
This dictionary definitions page includes all the possible meanings, example usage and translations of the word glencore.
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Wikipedia
Glencore
Glencore plc is an Anglo–Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland, and a registered office in Saint Helier, Jersey. The current company was created through a merger of Glencore with Xstrata on 2 May 2013. As of 2015, it ranked tenth in the Fortune Global 500 list of the world's largest companies.As Glencore International, the company was already one of the world's leading integrated producers and marketers of commodities. It was the largest company in Switzerland and the world's largest commodities trading company, with a 2010 global market share of 60% in internationally tradable zinc, 50% in internationally tradable copper, 9% in the internationally tradable grain market and 3% in the internationally tradable oil market.Glencore had a number of production facilities all around the world and supplied metals, minerals, crude oil, oil products, coal, natural gas and agricultural products to international customers in the automotive, power generation, steel production and food processing industries. The company was formed in 1994 by a management buyout of Marc Rich + Co AG (itself founded in 1974). It was listed on the London Stock Exchange in May 2011 and was a constituent of the FTSE 100 Index. It had a secondary listing on the Hong Kong Stock Exchange, but it has withdrawn from January 2018. Glencore's shares started trading on the Johannesburg Stock Exchange in November 2013. The Qatar Investment Authority is its biggest shareholder.
Numerology
Chaldean Numerology
The numerical value of glencore in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of glencore in Pythagorean Numerology is: 7
Examples of glencore in a Sentence
All the subsidiaries will be folded into the main (holding) company. The deal is being signed, we have been finishing the shareholders agreement. Glencore will own 49 percent in Russneft.
The company will cooperate with the DoJ, while continuing to focus on our business and seeking to maximize the value we create for our diverse stakeholders in a responsible and transparent manner, glencore takes ethics and compliance seriously throughout the group.
However, we are rather niche players in commodities and do not aim to rival global trading houses such as Vitol or Glencore. Our priority is to support Russian clients locally and improve Russian export competitiveness on global markets.
This is a lot of negative news, that is for sure ... We have a double-whammy happening, meaning copper prices continue to soften, and production targets are really at risk because of Glencore news, you could see a double-digit fiscal deficit very easily this year.
I don't think that's unique to Glencore and I don't think it necessarily reflects poorly on management.
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"glencore." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/glencore>.
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