2019 Corporate Profile Australia
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2019 CORPORATE PROFILE AUSTRALIA One of the 18,000 Australia’s largest buyers employees and largest coal of grain and contractors in producer oilseeds from Australia Australian One of growers Australia’s largest producers of copper, zinc, nickel and cobalt Glencore’s Mount Isa Mines operation About Glencore We are one of the world’s largest natural resources companies. Our business covers Metals and We own and operate a diverse mix of mining, metals processing Minerals, Energy and Agriculture, and agricultural assets all over the world, and we’re engaged at which are supported by our extensive Metals and Energy Agriculture every stage in the commodity supply chain. global marketing network. minerals Global operations 158,000 Uniquely Employees and contractors The right diversifi ed by Well-capitalised, commodity mix commodity, low-cost, high- 90 for changing Commodities across three geography and return assets needs business segments activity 3,000 Employees in marketing 1,200 Vessels on the ocean at any one time • Fully integrated from mine • Future demand patterns for • Since 2009, over US$40 billion to customer maturing economies are likely has been invested in our global to favour mid-and late-cycle industrial assets • Presence in 50 countries across commodities 7,000+ 150 operating sites • Low-cost, long-life assets in many of Long-term relationships with • Major producer of later cycle the world’s premier mining districts suppliers and customers • Producing and marketing more commodities including the support sustainable long-term than 90 commodities across three enabling materials (copper, cobalt, cash fl ows business segments nickel) that underpin the battery • Mine-life extension potential • Diversifi ed across multiple chemistry and infrastructure likely embedded in key commodities suppliers and customers to power electric vehicles and low emission storage systems www.glencore.com 2 Glencore 2019 Corporate Profi le Australia Glencore 2019 Corporate Profi le Australia 3 About Glencore Our Australian operations Darwin Borroloola Cairns In 2018, Glencore contributed Townsville more than $15.6 billion to Bowen Mount Isa regional, state and national Mackay economies in Australia.* 18,000 Gladstone Employees and contractors $2.0 b Brisbane Wages and salaries $10.1 b Kalgoorlie Spent on goods and services Perth Cobar Kwinana Newcastle $2.2 b Sydney ( Regional headquarters) Taxes and royalties paid to Adelaide state and federal governments Metals & minerals Energy products $1.3 b Copper Coal Zinc Capital and sustaining investment Agriculture Melbourne in our operations Nickel and Cobalt Port facilities and storage Bauxite Container packing & Technology processing facilities Key upcountry City/Town storage sites * 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 Glencore Agriculture, Ernest Henry Mining, our various coal joint ventures and our 49% share of Hunter Valley Operations. All dollar fi gures in this document are AUD, and relate to the 2018 calendar year, unless otherwise stated. 4 Glencore 2019 Corporate Profi le Australia Glencore 2019 Corporate Profi le Australia 5 About Glencore The history of our business in Australia Australia has been an important part of our global business for over 20 years. – MIM Holdings Limited – Mount Isa Mines – Mount Margaret Mining – Ernest Henry Mining – Mangoola – Copper Refi neries Limited – Blakefi eld South – Townsville Port Operations – Bowen Coke – Xstrata acquisition CSA Mine – Xstrata IPO – – McArthur River Mining – Oaky Creek – Ulan West Teralba – Cook – – Newlands – Liddell (expansion) – Ravensworth North West Wallsend – Narama – – Collinsville – Rolleston (expansion) Westside – Ravensworth – – Rolleston – Resource Pacifi c – McArthur River Mining (expansion) Liddell – – Ravensworth United – Ulan – – Glencore Grain Underground Hunter Valley Operations – 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Viterra – Bulga Lady Loretta – – Hail Creek – – Beltana McArthur River Mining – Bulga South (expansion) Ulan OC (expansion)(expansioni – – – Integra Mount Isa Mines – Baal Bone – Jubilee Mines (George Fisher – Mine expansion) – Minara Resources Sinclair – – Murrin Murrin Cosmos – United Wambo – Clermont – – Cumnock Coal Tahmoor – – Mt Owen – Glendell (expansion) Ernest Henry Mining – (transition from open cut to underground) Operations Copper Zinc Nickel and Cobalt Coal Oil Agriculture 6 Glencore 2019 Corporate Profi le Australia Glencore 2019 Corporate Profi le Australia 7 Agriculture Viterra’s Port Giles operation in South Australia 8 Glencore 2019 Corporate Profi le Australia Glencore 2019 Corporate Profi le Australia 9 Agriculture Our 2018 contribution 1,200 $87 m $2.34 b $32 m Employees Wages and Spent on goods Capital and contractors salaries and services investment We are a signifi cant contributor to the agricultural industry in Australia, connecting agricultural commodities safely and effi ciently between growers and customers at home and overseas. We originate, handle, store, transport Viterra’s storage and handling business and market a range of agricultural received 4.1 million tonnes of grain in 2018, commodities, including wheat, barley, with 4.8 million tonnes shipped through oilseeds, pulses, sorghum, meals its South Australian ports on behalf of SOUTH and cotton. 13 exporters. AUSTRALIA In 2018, our marketing business bought Narrabri Australian management team more than 4.6 million tonnes of agricultural commodities directly from growers across Tim Krause, Regional Director Thevenard NEW SOUTH WALES Australia to connect with domestic and Australia/New Zealand overseas customers. Philip Hughes, General Manager Trading, Newcastle Glencore Agriculture Sydney Two Wells (Regional headquarters) Adelaide Port Lincoln STORAGE AND HANDLING About 10 million tonnes total storage, with sites ranging in Wallaroo SITES capacity from 6,000 tonnes to over 600,000 tonnes Ardrossan Port Giles CONTAINER PACKING AND Port Adelaide Dooen Melbourne Dooen PROCESSING FACILITIES Outer Harbor VICTORIA Two Wells Narrabri Inner Harbour PORTS Thevenard Ardrossan (non-grain) Inner Harbour Melbourne Port Lincoln Port Giles (Adelaide) Wallaroo Outer Harbor (Adelaide) COMMODITIES Wheat Peas Sorghum Barley Chickpeas Protein meals Canola Faba beans Cotton Lentils Lupins CORPORATE OFFICES Adelaide Melbourne GRAIN ACCUMULATION Fremantle Wagga Wagga Toowoomba OFFICES Key upcountry storage sites Dooen Narrabri Container packing and processing facilities Port facilities and storage Rail City/Town 10 Glencore 2019 Corporate Profi le Australia Glencore 2019 Corporate Profi le Australia 11 Energy products Coal Our 2018 contribution 9,500 $1.0 b $5.6 b $576 m Employees Wages and Spent on goods Capital and contractors salaries and services investment We are Australia’s largest coal producer, with 16 mining operations across New South Wales and Queensland. We employ about 9,500 people and Australian management team in 2018 produced 103 million tonnes of Gary Nagle, Head of Global Coal Assets saleable thermal and coking coal. Our coal is exported from the ports of Abbot Point, Ian Cribb, Chief Operating Offi cer, Dalrymple Bay, Wiggins Island Coal Coal Assets Australia Export Terminal, RG Tanna coal terminal (in Queensland) and from the Port of Newcastle (in NSW). OPERATIONS METHODS PRODUCTS 2018 PRODUCTION1 Collinsville Open Cut Open cut Thermal 3,224,000 t Newlands Coal Open cut Thermal, Coking 5,523,000 t Hail Creek 2 Open cut Coking 3,819,000 t Clermont Open Cut Open cut Thermal 11,719,000 t Oaky Creek Coal Underground Coking 4,564,000 t Rolleston Open Cut Open cut Thermal 15,177,000 t Ulan Coal Underground Thermal 11,738,000 t Mangoola Open Cut Open cut Thermal 10,562,000 t Hunter Valley Operations 3 Open cut Thermal, Coking 4,892,000 t Liddell Open Cut Open cut Thermal, Coking 4,065,000 t Mount Owen Coal Open cut Thermal, Coking 7,640,000 t Energy Ravensworth Coal Open cut Thermal, Coking 9,056,000 t products Integra Underground Underground Coking 1,440,000 t Bulga Coal Open cut Thermal, Coking 9,023,000 t Tahmoor Underground 4 Underground Coking 590,000 t 1 Managed equivalent saleable production rounded up/down to nearest 1,000 tonnes t = tonnes 2 Glencore completed its acquisition of an 82% stake in Hail Creek Coal on 1 August 2018 Glencore has subsequently acquired a further 2.67% in the operation 3 Glencore completed its acquisition of a 49% stake in Hunter Valley Operations on 4 May 2018 The volumes included above represent Glencore’s share of the non-managed Joint Venture 4 Glencore sold its Tahmoor Coal operation on 20 April 2018 12 Glencore 2019 Corporate Profi le Australia Glencore 2019 Corporate Profi le Australia 13 Galilee Basin Bowen Basin QUEENSLAND Surat Basin Energy products Brisbane Our coal operations in New South Wales Our coal operations in Queensland NEW SOUTH WALES Mangoola Open Cut Abbot Point Coal Terminal (T1) Bowen Hunter Valley Operations Collinsville Open Cut A Liddell Open Cut Newlands Coal Mount Owen Coal Mackay Mount Owen Hail Creek Glendell Dalrymple Bay Coal Terminal Ulan Coal Ravensworth Coal Ulan Ulan West Integra Underground Galilee Basin Ulan Underground B C Bowen Clermont Open Cut D Basin Bulga Open Cut Oaky Creek Coal Rockhampton Port Waratah Coal Services E Newcastle Gladstone F Sydney Rolleston Open Cut (Regional headquarters) Wiggins Island Coal Export Terminal RG Tanna Coal Terminal G Coalfi elds QUEENSLAND A Gunnedah Coalfi eld B Western Coalfi eld C Hunter Coalfi eld Surat Basin D Gloucester Coalfi eld E Newcastle Coalfi eld Brisbane F Central Coalfi eld G Southern Coalfi eld Mine site Mine site Underground mine Underground mine Open cut mine Open cut mine Other asset Other asset Port facilities and storage Port facilities and storage Rail Rail City/Town City/Town NEW SOUTH WALES Glencore 2019 Corporate Profi le Australia Glencore 2019 Corporate Profi le Australia 14 A 15 B C D E F Sydney G A B C D E F G Energy products Oil Glencore’s oil business in Australia supplies our mining and agricultural operations’ fuel needs.