<<

2020 CORPORATE PROFILE 18,720 employees and Australia’s contractors in largest Australia producer of coal to provide reliable power in Asia

Cover photo: Workers in full personal protective gear at Glencore’s Mine in north-west One of Australia’s A leading largest producers of technology , cobalt, business nickel and

This page: Planning tasks at Glencore’s Mines complex, north-west Queensland About Glencore

We are one of the world’s largest natural resources companies. We own and operate a diverse mix of assets all over the world, and we’re engaged at every stage of the commodity supply chain.

Global operations 160,000 Employees and contractors Diversifi ed by commodity, 60 geography Commodities across a range of metals, minerals and and activity energy sectors 3,000 Employees in marketing 1,200 Vessels on the ocean at • Fully integrated from mine any one time to customer • Presence in over 35 countries 7,000+ across 150 operating sites Long-term relationships with • Producing and marketing about suppliers and customers 60 commodities • Diversifi ed across multiple suppliers and customers

www.glencore.com

2 Glencore 2020 Corporate Profi le Australia Our business model covers Metals & Minerals and Energy, which are supported by our extensive global Metals & Energy Marketing marketing network. Minerals

The right Well-capitalised, commodity mix low-cost, high- for changing return assets needs

• Future demand patterns • Since 2009, over US$45 billion for mature economies are has been invested in our global likely to favour mid- and industrial assets late-cycle commodities* • Low-cost, long-life assets in many • Major producer of later cycle of the world’s premier mining commodities including the districts support sustainable enabling materials (copper, cobalt, long-term cash fl ows nickel) that underpin the battery • Mine-life extension potential chemistry and infrastructure likely embedded in key commodities to power electric vehicles and low emission storage systems

* Mid- and late-cycle commodities are those required by economies, societies and people as their quality of life continues to improve (e.g. electric and other automation, electronics, appliances).

Glencore 2020 Corporate Profi le Australia 3 Our Australian operations

Glencore operates 25 mines across Australia. We also operate metals processing assets in Queensland, including a copper smelter, smelter and copper refi nery. Darwin

In 2019, Glencore contributed about $14.8 billion to regional, state and national economies in Australia.* 18,720 Employees and contractors $1.9 b Wages and salaries $9.5 b Spent on goods and services Kalgoorlie Perth $3.4 b Kwinana Taxes and royalties paid to state and federal governments

Metals & Minerals Energy Copper Coal Zinc Oil Nickel and Cobalt Technology City/Town

* The taxes and royalties fi gure represents Glencore’s share of every operation we operate and manage in Australia. All other fi gures represent 100% of the operations that Glencore manages in Australia and include our joint venture partners’ interests in Ernest Henry Mining and our various coal joint ventures ** The above numbers do not include the contribution of Glencore Agriculture, in which Glencore holds a 49.99% stake. All dollar fi gures in this document are AUD, and relate to the 2019 calendar year, unless otherwise stated.

4 Glencore 2020 Corporate Profi le Australia About Glencore

Darwin

Borroloola Cairns

Townsville

Bowen Mount Isa Mackay

Gladstone

Brisbane

Perth

Newcastle Sydney ( Regional headquarters) Adelaide Port Kembla

Melbourne

Glencore 2020 Corporate Profi le Australia 5 The history of our business in Australia

Australia is an important part of our global business and we have a strong track record of investment here over more than 20 years.

– MIM Holdings Limited – – Ernest Henry Mining – Copper Refi neries Limited – Port Operations CSA Mine – – Bowen Coke Xstrata IPO – – McArthur River Mining Teralba – – Oaky Creek West – Cook – – Newlands Liddell (expansion)(expansion – Wallsend – Narama – – Collinsville Westside – Ravensworth – – Rolleston Resource Pacific – Liddell – Ravensworth – United – Ulan – – Glencore Grain Underground –

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

– Bulga Lady Loretta – – Beltana McArthur River Mining – – Bulga South (expansion) – Baal Bone Jubilee Mines – – Minara Resources Sinclair – – Murrin Murrin Cosmos – – Cumnock Coal Tahmoor – – Mt Owen

Operations Copper Zinc Nickel and Cobalt Coal Agriculture

6 Glencore 2020 Corporate Profi le Australia About Glencore

– Mount Margaret Mining – Mangoola – Blakefi eld South – Xstrata acquisition – Ulan West – Ravensworth North – Rolleston (expansion) – McArthur River Mining (expansion) Hunter Valley Operations –

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Viterra – Hail Creek – Ulan OC (expansion)(expansioni – – Integra Mount Isa Mines – (George Fisher Mine expansion)

United Wambo – Clermont – – Glendell (expansion) – Ernest Henry Mining (transition from open cut to underground)

Glencore 2020 Corporate Profi le Australia 7 Metals & Minerals

Production drilling at our Mount Isa Mines operations, north-west Queensland

8 Glencore 2020 Corporate Profi le Australia Glencore 2020 Corporate Profi le Australia 9 Townsville operations NORTH WEST QUEENSLAND Copper Refi neries Ltd MINERALS Townsville Glencore Port Operations PROVINCE Mount Isa Mount Isa Mines Cloncurry X41 Enterprise Copper concentrator Ernest Henry Mining Copper smelter Underground mine Copper concentrator

QUEENSLAND Brisbane

NEW SOUTH WALES

CSA Mine Underground mine Newcastle Copper concentrator Port Waratah Sydney (Regional headquarters)

Mine site Underground mine Other asset Port facilities and storage Rail City/Town

10 Glencore 2020 Corporate Profi le Australia Metals & Minerals Copper

Our 2019 contribution $1.7 b 3,440 $388 m $1 b Total Employees Wages and Spent on goods contribution and contractors salaries and services

Our Australian copper business is integrated across the entire supply chain, from resource development, mining and processing, to transport, storage and export to customers around the world. We aim to have a positive impact on communities associated with our operations through our direct employment and spend on goods and services from local and regional business.

Queensland New South Wales Our copper mining Our CSA Mine at Cobar, in regional New and processing assets include the Mount South Wales, is one of Australia’s highest Isa Mines complex, Ernest Henry Mining grade copper mines. Copper from the near Cloncurry, and our copper refi nery in mine is exported via the Port of Newcastle. Townsville. Our copper is exported from the Our CSA Mine employs 740 people Port of Townsville. Our north Queensland including contractors. copper operations employ 2,700 people, including contractors. Australian leadership In 2020, our north Queensland copper and Matt O’Neill, Chief Operating Offi cer, zinc operations have been consolidated Queensland Metals as a single business entity, Glencore Copper Assets Australia Queensland Metals.

OPERATIONS ASSETS 2019 PRODUCTION Mount Isa Mines Enterprise underground mine Copper cathode 151,100 t 1 copper operations X41 underground mine and copper Copper concentrator in concentrates Copper smelter Ernest Henry Mining Underground copper mine Copper concentrator Copper Refi neries Ltd Electrolytic copper refi nery CSA Mine Underground mine Copper 43,456 t Copper concentrator in concentrates

1 Mount Isa, Ernest Henry, Townsville – total production, t = tonnes including third party feed

Glencore 2020 Corporate Profi le Australia 11 Darwin

GULF OF Bing Bong CARPENTARIA Loading Facility Borroloola McArthur River Mine Open cut mine Zinc-lead Townsville operations concentrator NORTH WEST Glencore Port Operations QUEENSLAND Townsville Lady Loretta Mine MINERALS PROVINCE

Mount Isa

NORTHERN Mount Isa Mines George Fisher Mine TERRITORY Zinc-lead concentrator Rockhampton Lead smelter

QUEENSLAND Brisbane

Mine site Underground mine Open cut mine Other asset Port facilities and storage Rail City/Town

12 Glencore 2020 Corporate Profi le Australia Metals & Minerals Zinc

Our 2019 contribution $1.7 b 3,050 $220 m $1.3 b Total Employees Wages and Spent on goods contribution and contractors salaries and services

Glencore mines two of the world’s largest zinc and lead resource bases at Mount Isa Mines and McArthur River Mine. In addition to our direct employment and local spend on goods and services, we maintain a strong focus on rehabilitation and community investment.

Queensland Northern Territory In north Queensland, we own the Our McArthur River Mine (MRM) is located George Fisher underground mine, Lady about 970 kilometres south-east of Loretta underground mine, a zinc-lead Darwin and includes an open cut mine concentrator, a zinc-lead fi lter plant and a and processing facilities. Our zinc and lead lead smelter. Our zinc and lead products is exported from the Bing Bong Loading are exported from the Port of Townsville. Facility on the Gulf of Carpentaria. Our The Mount Isa Mines zinc operations MRM operations employ 1,250 people. employ 1,800 people. Australian leadership In 2020, our north Queensland copper and zinc operations have been consolidated Matt O’Neill, Chief Operating Offi cer, as a single business entity, Glencore Queensland Metals Queensland Metals. Sam Strohmayr, Chief Operating Offi cer, Zinc Assets Australia

OPERATIONS ASSETS 2019 PRODUCTION Mount Isa Mines George Fisher underground mine Zinc in concentrates 326,373 t zinc operations Zinc-lead concentrator Lead in concentrates 157,984 t Lead smelter in concentrates 5,518,256 oz Lady Loretta underground mine McArthur Open cut zinc-lead mine Zinc in concentrates 217,179 t River Mine Zinc-lead concentrator Lead in concentrates 55,318 t Bing Bong Loading Facility Silver in concentrates 1,675,040 oz

t = tonnes oz = ounces

Glencore 2020 Corporate Profi le Australia 13 WESTERN AUSTRALIA

EASTERN GOLDFIELDS TERRANE

Laverton Leonora Murrin Murrin Open cut mine Nickel and cobalt processing plant

Kalgoorlie

Perth Kwinana

Mine site Open cut mine Other asset Port facilities and storage Rail City/Town

14 Glencore 2020 Corporate Profi le Australia Metals & Minerals Nickel and Cobalt

Our 2019 contribution $850 m 1,050 $120 m $670 m Total Employees Wages and Spent on goods contribution and contractors salaries and services

Glencore is one of Australia’s largest nickel and cobalt producers. Our Murrin Murrin operation is located in the north-eastern Goldfi elds region of Western Australia, between Leonora and Laverton.

Murrin Murrin is operated by Minara Australian leadership Resources, wholly owned by Glencore. Wayne Ashworth, Head of Global We are a fully integrated producer and Nickel Assets our nickel and cobalt is exported from Kwinana, south of Perth. We contribute to Peter Hancock, Vice President, the local economy and provide support for Minara Resources a number of community organisations.

OPERATIONS ASSETS 2019 PRODUCTION Murrin Murrin Open cut nickel and cobalt mine Nickel metal 40,668 t Operations Hydrometallurgical nickel and Cobalt metal 3,717 t cobalt processing facility

t = tonnes

Glencore 2020 Corporate Profi le Australia 15 Energy

Underground workers at our Integra mine in the Hunter Coalfi elds, New South Wales

16 Glencore 2020 Corporate Profi le Australia Coal

Our 2019 contribution $9.6 b 10,925 $1.1 b $6.4 b Total Employees Wages and Spent on goods contribution and contractors salaries and services

We are Australia’s largest coal producer, with 17 mining operations across New South Wales and Queensland.

In 2019 we produced nearly 120 million Venture in the Hunter Valley is also tonnes of saleable thermal and coking expected to begin production this year. coal in Australia. Our coal is exported from the ports of Abbot Point, Dalrymple Bay, Australian leadership Wiggins Island Coal Export Terminal and Gary Nagle, Head of Global Coal Assets RG Tanna coal terminal (in Queensland) and from the Port of Newcastle in New Ian Cribb, Chief Operating Offi cer, South Wales. Our United Wambo Joint Coal Assets Australia

OPERATIONS METHODS PRODUCTS 2019 PRODUCTION1 Collinsville Coal Open cut Thermal 3,773,000 t Newlands Coal Open cut Thermal, Coking 4,547,000 t Hail Creek Coal Open cut Thermal, Coking 8,774,000 t Clermont Coal Open cut Thermal 12,029,000 t Oaky Creek Coal Underground Coking 5,446,000 t Rolleston Coal Open cut Thermal 15,725,000 t Ulan Coal 2 x Underground Thermal 12,183,000 t Mangoola Coal Open cut Thermal 10,159,000 t Hunter Valley Operations 2 Open cut Thermal, Coking 14,394,000 t Liddell Coal Open cut Thermal, Coking 3,629,000 t Mount Owen Coal 2 x Open cut Thermal, Coking 8,486,000 t (Mount Owen, Glendell) Ravensworth Coal Open cut Thermal, Coking 9,481,000 t Integra Coal Underground Coking 1,754,000 t Bulga Coal Open cut Thermal, Coking 8,420,000 t United Wambo JV Open cut Thermal 0 t

1 Managed equivalent saleable production rounded up/down to nearest 1,000 tonnes t = tonnes 2 Glencore owns a 49% stake in Hunter Valley Operations and the volumes included above represent total production of the non-managed Joint Venture

Glencore 2020 Corporate Profi le Australia 17 Our coal operations in Queensland

Abbot Point Coal Terminal (T1) Bowen Collinsville Coal

Newlands Coal

Hail Creek Coal Mackay

Dalrymple Bay Coal Terminal

A

Clermont Coal B

Oaky Creek Coal Rockhampton

Gladstone A Rolleston Coal B Wiggins Island Coal Export Terminal A RG Tanna Coal Terminal B C

QUEENSLAND

Coalfi elds C A Galilee Basin B Bowen Basin C Surat Basin Brisbane

QUEENSLAND

Mine site C Underground mine Open cut mine Port facilities and storage Brisbane Rail City/Town NEW SOUTH WALES Glencore 2020 Corporate Profi le Australia 18 A

NEW SOUTH WALES B C A D United Wambo JV

E

F Sydney B C D United Wambo JV

G E

F Sydney A B C D G E F G

A B C D E F G A

B

A B C

QUEENSLAND

C

Energy Brisbane Our coal operations in New South Wales

NEW SOUTH WALES Mangoola Coal Hunter Valley Operations A Liddell Coal

Mount Owen Coal Mount Owen Glendell

Ulan Coal Ravensworth Coal Ulan West Ulan Underground Integra Coal B C D United Wambo JV

Bulga Coal Port Waratah Coal Services E Newcastle

F Sydney (Regional headquarters)

G

Coalfi elds A Gunnedah Coalfi eld B Western Coalfi eld C Hunter Coalfi eld D Gloucester Coalfi eld E Newcastle Coalfi eld F Central Coalfi eld G Southern Coalfi eld

Mine site Underground mine Open cut mine Port facilities and storage Rail City/Town

Glencore 2020 Corporate Profi le Australia 19 Energy Oil

Glencore’s oil business in Australia supplies our mining and agricultural operations’ fuel needs. We also supply fuel to the wholesale fuel market, independents and the marine fuel industry.

Darwin

Cairns

Townsville Mount Isa Mackay

Gladstone

Brisbane

Newcastle Kalgoorlie Perth Port Jackson Coogee Port Botany Sydney Adelaide Port Kembla

Melbourne

Site Truck Pipeline Storage facility

20 Glencore 2020 Corporate Profi le Australia Glencore Technology on site and providing solutions for our Queensland Metals operations

Glencore Technology

Glencore Technology – with its global headquarters in Australia – develops innovative products that help producers extract more from their metal and mineral processing assets.

Currently 22 of the 27 mining companies 11 million tonnes per annum – or more than within the International Council of 50% – of world copper production. Albion Mining and Metals (ICMM) use Glencore Process™, commercialised in 2009, is Technology to improve operational delivering improved returns over traditional effi ciency. Our ISASMELT™, IK™, mineral leaching techniques. IsaMill™, and Albion Glencore Technology also provides Process™ have been proven in over 400 other parts of the Glencore group with operations globally. expertise in process improvement, ISASMELT™ is still helping operations fl owsheet performance and metallurgical break recovery records in smelting after trouble-shooting. more than 30 years. IsaMill™ and Jameson Australian leadership Cell deliver more and better quality concentrate to downstream stages in Paul Telford, Chief Technology Offi cer, mining operations. IK™ cathode Glencore Technology plates and robotics account for more than

Glencore 2020 Corporate Profi le Australia 21 Taxes and royalties

In 2019, Glencore paid almost $3.4 billion in taxes and royalties to Federal and State Governments in Australia.

When it comes to our tax and royalty contribution, it is important to note: • Since 2008, Glencore’s Australian operations have paid more than $17 billion in taxes and royalties in Australia, of which $3.7 billion was corporate income tax. • Corporate income tax is paid on taxable profi ts, not on revenue. • Our business is highly cyclical and needs high levels of capital and sustaining investment over the long-term. • Our profi tability in Australia is generally driven by the price of our core commodities: coal, copper, nickel and zinc. • Mining royalties are generally calculated and paid as a percentage of revenue per unit (tonne, ounce) of product sold.

Taxes and royalties paid since 2008 (summarised)

COMPANY PAYROLL AND COMPANY TAX ROYALTIES OTHER TAXES TOTAL Federal Government $3,771 m – $4,705 m $8,476 m State Government – $7,611 m $1,509 m $9,120 m Total $3,771 m $7,611 m $6,214 m $17,596 m

Taxes and royalties paid for calendar year 2019

COMPANY PAYROLL AND COMPANY TAX ROYALTIES OTHER TAXES TOTAL Federal Government $1,341 m – $727 m $2,068 m State Government – $1,106 m $219 m $1,325 m Total $1,341 m $1,106 m $946 m $3,393 m

* Tax payable in relation to 2019 fi nancial year was paid during the 2019 and 2020 calendar years

22 Glencore 2020 Corporate Profi le Australia About Glencore What could our taxes and royalties pay for? In 2019, Glencore’s total tax and royalty contribution of almost $3.4 billion at a State and Federal level was the equivalent of:

Hiring over 48,500 new police offi cers 1 or

Building 136 new schools 2 or Funding 1,848 intensive care hospital beds per year 3

1 Average salary of ~$70,000 per annum for new police constables in Queensland (reference: www.policerecruit.qld.gov.au/whatWeOffer/Employment-Entitlements.htm) 2 $25m per school (Minerals Council of Australia, The Next Frontier (Feb 2019): minerals.org.au/sites/default/ fi les/190208%20The%20Next%20Frontier%20MCA%20Policy%20Priorities.pdf) 3 Based on 2019 Independent Hospital Pricing Authority estimate, based on patient-level data, of $5,040 per ICU bed-day (Independent Hospital Pricing Authority. National pricing model: technical specifi cations 2019–20: www.ihpa.gov.au/sites/default/fi les/publications/national_pricing_model_technical_specifi cations_2019-20.pdf)

Glencore 2020 Corporate Profi le Australia 23 Supporting our local communities

Every year Glencore supports our local communities via a combination of partnerships, sponsorships, funding and voluntary employee contributions. In addition to our role as a major employer, in 2019 we partnered with a number of community organisations across Australia to make a positive contribution in the areas of health, education, arts and culture, and the environment.

Flinders Medical Services

Glencore targets it support towards initiatives with broad-reaching and long-lasting benefi ts, such as a $150,000 expansion of the Flinders Medical Centre in Cloncurry, Queensland. Local residents are now enjoying greater access to essential health services. Renovations include additional consultation rooms, three new nursing bays, a dedicated assessment room, and education and staff rooms.

“ The upgrade provides a base for visiting chronic disease specialists, mental health and other health professionals to provide services locally more easily and more often.” – Centre Senior GP, Dr Leonie Fromberg

24 Glencore 2020 Corporate Profi le Australia Outpatient care at Glencore-sponsored Flinders Medical Centre in Cloncurry, north-west Queensland

Glencore 2020 Corporate Profi le Australia 25 Supporting our local communities Our Queensland partners

Business, industry and achievement • Schools P+C Association Grants Program • AusIMM • South Townsville State School • Commerce North West • Southern Cross Catholic School • Mount Isa City Council • Spinifex State College • Townsville Enterprise • St Joseph’s Catholic Primary School • Queensland Department of Youth and • St Kieran’s Catholic Primary School Communities: Queensland Indigenous • Sunset State School Youth Leadership Program • Tieri State School • Queensland Minerals and Energy • Townsville State High School Academy (QMEA) • Townview State School Culture and arts • University of Central Queensland • Arts on Alma • • Fitzroy Basin Association • William Ross State High School • Festival of the Bands • Wonder of Science • Kalkadoon Community Pty Ltd • Wulguru State School • Mackay Regional Social Safety and Environment Development Coalition • Queensland Department of Environment • Mount Isa Eisteddfod and Science Northern Hairy-Nosed • Mount Isa Entertainment and Wombat Recovery Project Tourism Venues • Reef Catchments • Queensland Music Festival Events, clubs and organisations • Townsville Eisteddfod Inc. • Camooweal Drover’s Festival Education • Cloncurry and District Show Society • Annandale State School • Cloncurry Stockman’s Challenge and • Barkly Highway State School Campdraft Association • Books in Homes Australia • Curry Merry Muster Festival • Central Highlands Science Centre • Isa Running and Triathlon Club • Collinsville Schools PE Program • Julia Creek Campdraft Association • Collinsville State High School • Junior Sports Development • Edmund Rice Flexi School Program grants • Good Shepherd Catholic College • Mount Isa Agricultural Show Society • Happy Valley State School • Mount Isa Apex Club • Healy State School • Mount Isa Fish Stocking Group • James Cook University • Mount Isa Golf Club Ladies • Mount Isa Central State School • Mount Isa Mines Rodeo • Mount Isa School of the Air • North Queensland Football Limited • Mount Isa Special School • North Queensland Sports Foundation • Oonoonba State School • North West Canoe Club • Queensland Department of Education • Zonta Club of Mount Isa Solid Pathways

26 Glencore 2020 Corporate Profi le Australia Supporting our local communities

Indigenous youth lead the way

The Queensland Indigenous Youth Leadership Program has become one of the country’s most prestigious and effective Aboriginal and Torres Strait Islander youth leadership programs. The program continues to provide excellent leadership development opportunities for Indigenous youth following its formation in 2011 through a partnership of Glencore’s coal, copper and zinc businesses and the Queensland Department of Communities. Indigenous youth aged 18 to 25 engage actively and positively in community leadership roles, civic life and parliamentary processes.

Health and wellbeing • North West Hospital and Health Service • Angel Paws Inc. • RACQ LifeFlight • Capricorn Rescue Helicopter • Ronald McDonald House North Australia • Central Queensland Health Service – • Royal Far West Mackay • Salvation Army • Central Queensland Rescue Helicopter • Sisters of the North • Central Queensland Rural Health • State Emergency Service • Clermont Aged Care Strategy • The Pyjama Foundation • Clermont 4 Doctors Plus more schools, colleges, local • Cloncurry Flinders Medical Centre clubs and organisations throughout • CTM Links regional Queensland. • Mission to Seafarers

Glencore 2020 Corporate Profi le Australia 27 New South Wales In addition to the partnerships listed below, • New South Wales National Parks Glencore Coal and each of our sites support Mount Royal National Park about 200 other community organisations • Peter Cullen Trust in New South Wales. Events, clubs and organisations Culture and arts • Community grants – local clubs • Wonnarua Local Aboriginal and organisations Lands Council • Junior Sports Development Program grants Education • King of Kaputar Clay Target Shoot • HunterWise Girls in STEM • Singleton Show • Mudgee High School • New South Wales Department of Health and wellbeing Education Galuwa Scholarships • Clontarf Foundation • New South Wales Department of • Humpty Dumpty Foundation Education StarStruck Hunter Offi ce • Hunter New England Health • Schools P&C Association Grants Program • John Hunter Children’s Hospital • Singleton High School • John Hunter Hospital Trauma Unit • Tocal Agricultural College • Mudgee 4 Doctors • University of Wollongong • Royal Far West Children’s Charity Safety and Environment • Salvation Army –Drive for Life • Aussie Ark • Ungooroo Aboriginal Health Service • Central Tablelands Local Land Services • Westpac Rescue Helicopter Service • Hunter Local Land Services • Where There’s a Will Foundation • Hunter Wetlands

28 Glencore 2020 Corporate Profi le Australia Supporting our local communities

Western Australia

Business, industry and achievement • Menzies Community School • Laverton Police • Mount Margaret Remote Community School • Leonora Police • Shire of Laverton Safety and Environment • Shire of Leonora • Native ARC • Shire of Menzies Events, clubs and organisations Culture and arts • Curtin Volunteers! • Laverton Leonora Cross • Eastern Goldfi elds Cycle Club Cultural Association • Laverton Football • Menzies Aboriginal Corporation • Leonora Community Resource Centre • Nurra Kurramunoo • Mulga Queen Community Aboriginal Corporation • Rotary • Nyunnga-Ku Woman’s Group, Leonora Health and wellbeing • Pakaanu Aboriginal Corporation • Hope Community Services • Spinifex Arts Project • Laverton Crisis Intervention Service Aboriginal Corporation • Laverton Community Resource Centre • The Great Beyond Visitor • Royal Flying Doctor Service WA Centre, Laverton • St John Ambulance Volunteer Sub • Walkatjurra Cultural Centre Centre Laverton Education • Laverton School • Leonora District High School

Better access to doctors

The Mudgee 4 Doctors program focuses introduced them to professional, social and on attracting and retaining new doctors to sporting networks and provided fi nancial New South Wales’ Mudgee region, home and professional development support. to Glencore’s Ulan Coal mines. Importantly, we’ve slashed wait times for We teamed with local medical practices locals to access quality medical care. to address a chronic shortage of doctors We aim to replicate the successful Mudgee to serve a community of 25,000 people. program in the central Queensland The program has attracted and retained community of Clermont, where we operate 11 new doctors since it began in 2013, most a large open cut coal mine. We are working of whom are now part of the community’s with community members and health social fabric. professionals in order to bring in more Mudgee 4 Doctors helped doctors and expertise to boost existing medical services their families to relocate, supporting them and address a vital community need. to fi nd housing and childcare. We also

Glencore 2020 Corporate Profi le Australia 29 Northern Territory

These partnerships are funded either directly by McArthur River Mining or by the MRM Community Benefi ts Trust.

Business, industry and achievement • Borroloola School • Engineers Australia • John Moriarty Foundation Scholarships SySTEMic partnership • Robinson River School • Northern Territory Chamber • Wanula Creche of Commerce Safety and Environment • Women in Resources Awards • Gudanji Ranger Program • Northern Territory Young • Territory Natural Resource Management Achiever Awards • Li-Anthawirriyarra Sea Ranger Unit • Roper Gulf Regional Council Events, clubs and organisations Culture and arts • Barunga Festival • Arafura Wind Ensemble • Borroloola Amateur Race Club • Barkly Regional Arts – Song People Sessions • Borroloola Show Society • Cancer Council of the NT • King Ash Bay Fishing Club • Limmen National Park Art • Malandarri Festival Protection Project • Mother’s Day Classic • Mabunji Aboriginal Resource Centre • NT Flyrodders Association Indigenous Corporation • Northern Territory Training Awards • Mawurli and Wirriwangkuma Aboriginal Health and wellbeing (MAWA) Corporation • Borroloola Aged Care • Mungoorbada Aboriginal Corporation • Borroloola Men’s Health Week • Nangala Foundation • Borroloola Women’s Wellness Week • National Trust • Borroloola Women’s Shelter • Waralungku Arts • C a r e fl i g h t Education • Humpty Dumpty Foundation • Books in Homes Australia • Menzies School of Health Research

McARTHUR RIVER MINE COMMUNITY BENEFITS TRUST

The McArthur River Mine Community Benefi ts Trust is a unique partnership between McArthur River Mining, the Northern Territory Government and the local community. The trust was established in 2007 for the life of our zinc-lead mine, near Borroloola in the Northern Territory. It continues to contribute to the socio-economic development of the region, committing $1.25 million a year to projects in the Territory’s Gulf region.

30 Glencore 2020 Corporate Profi le Australia A young dancer at Malandarri Festival, Borroloola region, Northern Territory – proudly sponsored by the McArthur River Mine Community Benefi ts Trust

Glencore 2020 Corporate Profi le Australia 31 Glencore responsibly sources the commodities that advance everyday life.

Smart phones More than 40 mined metals and rare earths are used to produce a single smart phone. Electronics Cu Au Ag Ta W Copper Gold Silver Tantalum Tungsten

Battery Al Li Co Aluminium Lithium Cobalt

White goods Steel used to build white goods Fe C Zn Iron Coal Zinc

Electrical wiring and compressors Cu Copper

Source: 30 Things, Minerals Council of Australia, 2019 32 Glencore 2020 Corporate Profi le Australia Building renewable energy

More than 220 tonnes of coal is required to build a wind turbine.

Steel and corrosion protection Fe C Zn Iron Coal Zinc

Battery energy storage Li Ni Mg Co C V Lithium Nickel Manganese Cobalt Coal Vanadium

Controls and wiring Cu Si Copper Silicon

Glencore 2020 Corporate Profi le Australia 33 Our COVID-19 response

Temperature testing at our Ernest Henry Mining copper operations near Cloncurry

34 Glencore 2020 Corporate Profi le Australia Safeguarding our workers during the COVID-19 global pandemic

Glencore has closely monitored developments relating to COVID-19 since the start of the pandemic and our key priority is to protect the health and safety of all employees and contractors at each of our sites and offi ces, as well as the local communities in which we operate.

We have enacted our incident Increased hygiene and cleaning management plans in accordance with At every site and offi ce, we’ve provided our company protocols. As part of this appropriate hygiene and personal response, all our sites have developed protective equipment (PPE). risk-based plans to support the health and safety of workers. We are closely following We have also introduced stringent and the advice of Federal, State and Territory frequent cleaning of all shared areas Governments and expert medical advisors and equipment. and have remained in close contact with local council authorities in each jurisdiction in which we operate. The Australian Government identifi ed mining as an essential activity and we are doing all in our power to continue running safe, responsible and sustainable operations across the country.

Engagement with our workforce We have provided our workforce with a Social distancing in the workplace wide range of information about COVID-19 We have implemented social distancing measures and protocols, including measures, including at pre- and post- those related to personal hygiene, social shift briefi ngs, in assembly areas, at mess distancing, travel and access to our facilities and in all mine transport vehicles. Employee Assistance Program. In specifi c situations where social Health checks and screening distancing is more challenging, we’ve ensured appropriate PPE is used at We have introduced temperature checks all times. for our workforce, as well as self-declaration assessment forms. Other measures that we’ve introduced have included staggered shift times, We have also instructed every worker to clear demarcation zones and increased stay at home if they feel unwell or have any frequency of buses to specifi c sites to symptoms associated with COVID-19. Under enable social distancing. no circumstances are they to come to work.

Glencore 2020 Corporate Profi le Australia 35 We have also provided social distancing Stakeholder engagement guidance relating to carpooling Throughout the pandemic, we’ve engaged arrangements for employees travelling with governments and local councils to and from work. to help ensure economic activity can continue while implementing measures to Travel restrictions minimise the spread of COVID-19. We have followed government and expert We have also worked with our suppliers medical advice on all travel requirements. and infrastructure providers to mitigate This has included asking our workforce to any risks associated with the supply of avoid all non-essential work and personal goods and services to our operations and travel. We have also limited interaction with the transport of our resources to between our workers and the local power stations and port export terminals. communities in or near which we operate. Photo courtesy of the University of Queensland Glencore contributes $725,000 to COVID-19 vaccine development

Our donation will go towards the University of Queensland’s (UQ) vaccine development program.

The University of Queensland is using Testing equipment fast-tracks results molecular clamp technology that aims We have also provided $45,000 for to enable people’s immune systems COVID-19 testing equipment at Mount to recognise and then neutralise the Isa Hospital. COVID-19 virus. In collaboration with Queensland Health Glencore’s $725,000 contribution comes and the Laura Johnson Home, our from our Global Community Support Fund contribution has funded a new GeneXpert set up to assist communities affected by IV-4 instrument, cartridge and nasal swab the pandemic and we are hopeful it will collection kit to enable local testing and make a meaningful contribution to UQ’s dramatically reducing the timeframe for efforts to develop a vaccine. test results.

36 Glencore 2020 Corporate Profi le Australia MRM local employees at the ready to serve the community during the COVID-19 lockdown

MRM works for the community during COVID-19

Locally-based employees at our remote McArthur River Mine (MRM) zinc and lead operation in the Northern Territory have helped deliver community projects during the COVID-19 lockdown.

In March 2020, our MRM operation At the same time, we asked our implemented strict measures to keep our 28 locally-based employees to stay at fl y-in, fl y-out workforce separate from the home on special paid leave. local communities of Borroloola, King Ash These employees have used their time in Bay and Robinson River. the communities to good effect, using their We ensured every charter fl ight between skills to help with much needed projects. Darwin and our mine was limited to MRM One team member spent a fortnight workers only and also instructed our helping build shower and toilet facilities workforce not to leave site or visit any of at a local outstation to cater for people the local communities. The only exception returning to Country. to this was for workers authorised to drive to the Bing Bong Loading Facility in the Others have worked with the Aboriginal Gulf of Carpentaria, 120 kilometres to Corporation in their community or the north. undertaken maintenance at their home outstations.

Glencore 2020 Corporate Profi le Australia 37 Glencore’s mine site rehabilitation at Westside and other Australian sites is among the best in the industry and a source of pride for our workforce

Rehabilitated land at our Westside Coal Mine near Newcastle, New South Wales

38 Glencore 2020 Corporate Profi le Australia Glencore’s industry-leading mine rehabilitation

Glencore’s coal business is committed to effectively returning mined land to self-sustaining native ecosystems, agricultural use or other suitable purposes that meet government requirements and community expectations.

Planning for rehabilitation at all our open cut coal operations starts as Australian coal operations 2019 early in the mine life as possible – rehabilitation achievements: with our contemporary operations it takes place before fi rst coal is mined. Rehabilitation is then incorporated 1,343 ha Rehabilitation completed into daily, annual and long-term mine plans to ensure work is adequately resourced, budgeted and delivered. Through this process, > $44 million we progressively minimise the area Invested in rehabilitation work of rehabilitation required at the end of mining. 3 Our rehabilitation is not just about > 2 million m quantity – it is also about quality. Topsoil used We’re very proud that four of our operations – two in Queensland and two in New South Wales – 70,000 have received State Government Tubestock and seedlings planted certifi cation for sections of rehabilitated mine land. In each case, the rehabilitation of these former mining areas met all rehabilitation > 29 tonnes and closure activities set out by State Seed sowed Government regulators.

GLENCORE REHAB AREA EQUIVALENT IN NUMBER YEAR COAL OPERATION LOCATION CERTIFIED OF FOOTBALL FIELDS CERTIFIED Newlands Coal Queensland 73 hectares > 120 2017 Bowen Basin Rolleston Coal Queensland 400 hectares > 660 2018, 2019 Bowen Basin Westside Coal New South Wales 38 hectares > 60 2020 Lower Hunter Ulan Coal New South Wales 50 hectares > 80 2020 Mid-Western Region

Glencore 2020 Corporate Profi le Australia 39 Case study Boosting career opportunities in regional Australia

Glencore provides a range of career opportunities across our mining operations in regional Australia.

Our entry-level programs suit applicants Feedback from our people from school leavers to university graduates, Mayah Cvetic, a graduate human to those just looking for the next resources business partner at George career break. Fisher Mine, north-west Queensland, said getting her opportunity was a dream come Graduate programs true. “I moved to Mount Isa at age 12,” Over 100 new graduates so far have joined she said. “The Glencore Graduate Program Glencore in 2020. More are on the way is important for regional Australia as it following the recent extension of our 2021 provides opportunities to come back home program. “We’re looking for bright, curious after university, just like I did, to work in my and confi dent people across disciplines,” chosen fi eld.” Glencore Australia Regional Human Felice Quach started as a graduate process Resources Lead Jodie Hope said. “These engineer and is now a Production Mining range from engineering, environmental Supervisor at Liddell coal mine in New science, geology and geophysics to South Wales’ Hunter Valley. Refl ecting on information systems and IT, accounting, his journey, Felice could not have imagined community relations, human resources, fi ve years ago the career leaps he has and occupational health and safety.” taken. “The start was hugely important for me,” he said. “The Glencore Graduate Apprentice programs Program has allowed me to get many At the start of 2020, Glencore also had opportunities and climb the ladder.” almost 450 fi rst-through-to-fourth-year Fletcher Tomes started as a second year apprentices across trades including electrical maintenance apprentice at electrical, mechanical, fabrication, McArthur River Mine in the Northern plumbing, carpentry and diesel fi tting. Territory after the company he was With a focus on local talent from regional working for closed down. Completing communities, our recruitment programs his apprenticeship with Glencore has combine structured career development opened up opportunities in the resources with on-the-job experience and mentoring sector. “Being exposed to large industrial from some of the best in the business. equipment and focusing on fault-fi nding Newcomers to Glencore have every has accelerated my learning. It’s great to opportunity to succeed. work in a role that keeps you challenged,” Fletcher said.

40 Glencore 2020 Corporate Profi le Australia Seizing the day – Glencore is creating opportunities for promising graduates in regional Australia

Glencore 2020 Corporate Profi le Australia 41 A fencing project under way at Hail Creek Coal in central Queensland as part of Glencore’s Indigenous Employment Pathways Program

42 Glencore 2020 Corporate Profi le Australia Case study Pathways program gains momentum across ‘Country’

The Indigenous Employment Pathways Program initiated by our coal business last year in central Queensland will be expanded to new regions.

Glencore is rolling out the Pathways The aim of the Pathways Program is simple Program across Queensland and – to provide skills and jobs for Indigenous New South Wales following the Australians. We work with the Traditional success of the initial program, which Owners associated with our operations led to eight Indigenous participants to source and create opportunities for fi nding employment. individuals actively seeking employment. The Pathways Program commenced in In Queensland, we are running the Queensland in February 2020 and seeks program in conjunction with Indigenous- to provide employment opportunities for owned company Diversifi ed Building up to 20 Indigenous Australians in central Services (DBS) QLD Pty Ltd. In New South Queensland coal regions. Participants are Wales we plan to run the program with based in the Tieri and Glenden townships JobTrail, the Indigenous services division of in the Bowen Basin, close to our Oaky the WorkPac Group. Creek, Newlands and Hail Creek operations. Glencore’s copper, nickel and zinc Program participants have been required businesses are also committed to to meet strict COVID-19 measures and closing the social, economic and health protocols, as required at all our operations. gaps between Aboriginal and Torres We are also planning to roll the program Strait Islander peoples and the broader out in the Muswellbrook-Singleton area Australian population. Our operations in New South Wales, near our Upper around Australia continue to work with Hunter coal operations. The timing of their local Indigenous communities to this roll-out remains dependent on deepen their relationship and achieve COVID-19 considerations. better community development and employment outcomes.

Glencore 2020 Corporate Profi le Australia 43 PassingRehabilitation through at ourthe spiralsErnest atHenry our MtMining Owen/Glendell copper operation Operations in north-west coal processing Queensland plant

44 Glencore 2020 Corporate Profi le Australia

AUGUST 2020

glencore.com.au

@GlencoreAus

facebook.com/GlencoreAUS

Glencore Australia Holdings Pty Ltd ABN 37 160 626 102 Level 44, Gateway 1 Macquarie Place Sydney NSW 2000 Australia T. +61 2 8247 6300 F. +61 2 9251 4740 D10_GLN3092A_08/20