
Glencore’s $20b impact on the Australian economy
Glencore contributed just under $20b to the Australian economy in 2022, according to the company’s latest report. The mining company is the largest Australian producer of coal, zinc, lead and cobalt, employing over 18,000 staff and contractors across its 24 mines and processing facilities. Glencore head of corporate affairs Cassandra McCarthy says the company is proud of its people who make a huge contribution to Glencore’s success. “When mining does well, Australians do well and our economy does well,” she said. “We should never take that for granted.” Glencore supports more than 7,000 Australian-based businesses with a total spend of $10.4b on goods and services in 2022. It also paid $7.5b in taxes, royalties and rates, as well as $2.1b…