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2020 Corporate Profile Australia 2020 CORPORATE PROFILE AUSTRALIA One of 18,720 A leading employees and Australia’s Australia’s largest mining contractors in largest technology Australia producers of producer of coal copper, cobalt, business to provide nickel and reliable power zinc in Asia Cover photo: Workers in full personal protective gear at Glencore’s George Fisher Mine in north-west Queensland This page: Planning tasks at Glencore’s Mount Isa Mines complex, north-west Queensland About Glencore We are one of the world’s largest natural resources Our business model covers Metals companies. We own and operate a diverse mix of assets & Minerals and Energy, which are all over the world, and we’re engaged at every stage of supported by our extensive global Metals & Energy Marketing the commodity supply chain. marketing network. Minerals Global operations 160,000 Employees and contractors Diversifi ed by The right Well-capitalised, commodity, commodity mix low-cost, high- 60 geography for changing Commodities across a range return assets of metals, minerals and and activity needs energy sectors 3,000 Employees in marketing 1,200 Vessels on the ocean at • Fully integrated from mine • Future demand patterns • Since 2009, over US$45 billion any one time to customer for mature economies are has been invested in our global likely to favour mid- and industrial assets • Presence in over 35 countries late-cycle commodities* across 150 operating sites • Low-cost, long-life assets in many 7,000+ • Major producer of later cycle of the world’s premier mining Long-term relationships with • Producing and marketing about commodities including the districts support sustainable suppliers and customers 60 commodities enabling materials (copper, cobalt, long-term cash fl ows • Diversifi ed across multiple nickel) that underpin the battery • Mine-life extension potential suppliers and customers 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 www.glencore.com improve (e.g. electric and other automation, electronics, appliances). 2 Glencore 2020 Corporate Profi le Australia Glencore 2020 Corporate Profi le Australia 3 About Glencore Our Australian operations Glencore operates 25 mines across Australia. We also operate metals processing assets in Queensland, including a copper smelter, lead smelter and copper refi nery. Darwin Borroloola Cairns In 2019, Glencore contributed Townsville about $14.8 billion to regional, state and national economies Bowen Mount Isa in Australia.* Mackay 18,720 Employees and contractors Gladstone $1.9 b Wages and salaries Brisbane $9.5 b Spent on goods and services Kalgoorlie Perth Kwinana $3.4 b Newcastle Taxes and royalties paid to Sydney state and federal governments ( Regional headquarters) Adelaide Port Kembla Metals & Minerals Energy Copper Coal Melbourne 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 Glencore 2020 Corporate Profi le Australia 5 About Glencore 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 – Mount Isa Mines – Mount Margaret Mining – Ernest Henry Mining – Mangoola – Copper Refi neries Limited – Blakefi eld South – Townsville Port Operations CSA Mine – – Bowen Coke – Xstrata acquisition Xstrata IPO – – McArthur River Mining Teralba – – Oaky Creek – Ulan West West – Cook – – Newlands Liddell (expansion)(expansion – – Ravensworth North Wallsend – Narama – – Collinsville – Rolleston (expansion) Westside – Ravensworth – – Rolleston Resource Pacific – – 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 2019 – Bulga Lady Loretta – Viterra – Hail Creek – – Beltana McArthur River Mining – – Bulga South (expansion) Ulan OC (expansion)(expansioni – – Integra – Baal Bone Mount Isa Mines – 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 Agriculture 6 Glencore 2020 Corporate Profi le Australia 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 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 Townsville operations NORTH WEST QUEENSLAND Copper Refi neries Ltd Our Australian copper business is integrated across the entire supply MINERALS Townsville Glencore Port Operations PROVINCE chain, from resource development, mining and processing, to transport, Mount Isa storage and export to customers around the world. We aim to have a Mount Isa Mines Cloncurry X41 positive impact on communities associated with our operations through Enterprise our direct employment and spend on goods and services from local Copper concentrator Ernest Henry Mining Copper smelter Underground mine Rockhampton and regional business. Copper concentrator Queensland New South Wales QUEENSLAND Our north Queensland copper mining Our CSA Mine at Cobar, in regional New and processing assets include the Mount South Wales, is one of Australia’s highest Brisbane 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. NEW SOUTH WALES copper operations employ 2,700 people, CSA Mine including contractors. Australian leadership Underground mine Newcastle In 2020, our north Queensland copper and Matt O’Neill, Chief Operating Offi cer, Copper concentrator Port Waratah zinc operations have been consolidated Queensland Metals Sydney as a single business entity, Glencore Copper Assets Australia (Regional headquarters) 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 Mine site Underground mine Copper Refi neries Ltd Electrolytic copper refi nery Other asset CSA Mine Underground mine Copper 43,456 t Port facilities and storage Copper concentrator in concentrates Rail 1 Mount Isa, Ernest Henry, Townsville – total production, t = tonnes City/Town including third party feed 10 Glencore 2020 Corporate Profi le Australia Glencore 2020 Corporate Profi le Australia 11 Metals & Minerals Zinc Our 2019 contribution Darwin GULF OF $1.7 b 3,050 $220 m $1.3 b Bing Bong CARPENTARIA Loading Facility Total Employees Wages and Spent on goods Borroloola contribution and contractors salaries and services McArthur River Mine Open cut mine Zinc-lead Townsville operations concentrator NORTH WEST Glencore Port Operations Glencore mines two of the world’s largest zinc and lead resource QUEENSLAND Townsville Lady Loretta Mine MINERALS bases at Mount Isa Mines and McArthur River Mine. In addition to PROVINCE our direct employment and local spend on goods and services, we Mount Isa maintain a strong focus on rehabilitation and community investment. NORTHERN Mount Isa Mines George Fisher Mine TERRITORY Zinc-lead concentrator Rockhampton Queensland Northern Territory Lead smelter 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 QUEENSLAND concentrator, a zinc-lead fi lter plant and a and processing facilities. Our zinc and lead Brisbane 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 Silver in concentrates
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