Glencore PLC (LSE)
Glencore is a multinational commodity trading and mining company. The company operates through the following segments: Metals and Minerals (production and marketing of metals and minerals such as copper, cobalt, zinc, nickel, ferroalloys, aluminium and iron ore), Energy (production and marketing of coal, crude oil, refined products and natural gas), Agriculture (sourcing, handling, processing and marketing of agricultural commodities) and Marketing (marketing of physical commodities).
Glencore PLC was founded in 1974 and has grown to become one of the world’s leading diversified natural resource companies. The company and its subsidiaries operate across 150 sites in more than 50 countries with a workforce of over 146,000 employees and contractors. It is headquartered in Baar, Switzerland.
Glencore PLC has a primary listing on the London Stock Exchange (LSE). The company is also a component of the FTSE 100 Index, consisting of 100 companies on the LSE with the highest market capitalisation.
Glencore PLC (LSE) Market Influences
Glencore PLC’s share price is influenced by a variety of different factors. These range from inflation and exchange rates, market sentiment, international politics and world crises, changes in governmental and economic policy, as well as internal developments within the company.