Glencore 2020 Corporate Profile Queensland

Glencore 2020 Corporate Profile Queensland

2020 CORPORATE PROFILE QUEENSLAND 9,240 One of employees and Queensland’s contractors in largest coal A leading Queensland producers mining Queensland’s technology largest copper business and zinc producer Cover photo: Our Queensland Metals business in Mount Isa This page: Shift change at George Fisher Mine, 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 maturing economies are has been invested in our global likely to favour mid- and late- industrial assets • Presence in 50 countries across cycle commodities* 150 operating sites • Low-cost, long-life assets in many of 7,000+ • Major producer of later cycle the world’s premier mining districts Long-term relationships with • Producing and marketing about commodities including the support sustainable long-term suppliers and customers 60 commodities enabling materials (copper, cobalt, 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 www.glencore.com continues to improve (e.g. electric and other automation, electronics, appliances). 2 Glencore 2020 Corporate Profi le Queensland Glencore 2020 Corporate Profi le Queensland 3 About Glencore Our Queensland operations Queensland is an important part of our Australian and global business, with about half of our Australian workforce based here. We hold signifi cant interests in a range of commodity industries throughout the state. In 2019, Glencore contributed more than $6.4 billion to Queensland’s economy.* Cairns 9,240 Employees and contractors** Townsville $956 m Wages and salaries Mount Isa $4.6 b Mackay Spent on goods and services $733 m Taxes and royalties paid to Gladstone state and federal governments Brisbane Metals & Minerals Energy Copper Oil Zinc Coal Technology * The taxes and royalties fi gure represents Glencore’s share of every operation we operate and manage in Queensland. ** These numbers do not include the contribution of Glencore Agriculture which buys and markets grain and oilseeds All other fi gures represent 100% of the operations that Glencore manages in Australia and include our joint venture from Queensland growers, and in which Glencore holds a 49.99% stake. partners’ interests in Ernest Henry Mining and our various coal joint ventures. All dollar fi gures in this document are AUD, and relate to the 2019 calendar year, unless otherwise stated. Perth 4 Glencore 2020 Corporate Profi le Queensland Glencore 2020 Corporate Profi le Queensland 5 Sydney Adelaide Melbourne Metals & Minerals Work at our lead smelter in Mount Isa Mines, north-west Queensland 6 Glencore 2020 Corporate Profi le Queensland Glencore 2020 Corporate Profi le Queensland 7 Metals & Minerals Copper Our 2019 contribution $1.1 b 2,820 $334 m $693 m Total Employees Wages and Spent on goods contribution and contractors salaries and services Our Queensland copper operations are integrated across the entire supply chain, from resource development, mining and processing, to transport, storage and export to worldwide customers. Our north Queensland copper mining As a major employer, we recognise the Townsville operations NORTH WEST and processing assets include the Mount signifi cant socio-economic role we play Copper Refi neries Ltd QUEENSLAND MINERALS Isa Mines complex, Ernest Henry Mining in regional Queensland. We aim to work Townsville Glencore Port Operations PROVINCE near Cloncurry, and our copper refi nery constructively with local and regional Ernest Henry Mining in Townsville. We produce a globally councils for the benefi t of the communities Underground mine renowned, premium copper product in which, and near which, we operate. Mount Isa Copper concentrator Bowen known as ISA Brand copper cathode, These councils include: sought after all over the world thanks Cloncurry • Mount Isa City Council to its highly conductive properties. Mount Isa Mines Our copper is exported from the Port • Cloncurry Shire Council X41 of Townsville. • Townsville City Council. Enterprise Rockhampton Copper concentrator In 2020, our north Queensland copper Australian leadership Copper smelter and zinc operations have been consolidated as a single business entity, Matt O’Neill, Chief Operating Offi cer, Glencore Queensland Metals. Queensland Metals QUEENSLAND OPERATIONS ASSETS 2019 PRODUCTION 1 Brisbane Mount Isa Mines Enterprise underground mine Cathode and copper 151,100 t copper operations X41 underground mine in concentrates Copper concentrator Copper smelter Ernest Henry Mining Underground copper mine Copper concentrator Copper Refi neries Ltd Electrolytic copper refi nery 1 Mount Isa, Ernest Henry, Townsville – total production, t = tonnes including third party feed Mine site Underground mine Other asset Port facilities and storage Rail 8 Glencore 2020 Corporate Profi le Queensland Glencore 2020 Corporate Profi le Queensland 9 Metals & Minerals Zinc Our 2019 contribution $1.1 b 1,900 $167 m $817 m Total Employees Wages and Spent on goods contribution and contractors salaries and services Glencore mines one of the world’s largest zinc resource bases at Mount Isa Mines. In north Queensland, we operate the constructively with local and regional George Fisher underground mine, Lady councils for the benefi t of the communities Townsville operations Loretta underground mine, a zinc-lead in which, and near which, we operate. NORTH WEST QUEENSLAND MINERALS Glencore Port Operations concentrator, a zinc-lead fi lter plant and a These councils include: PROVINCE Townsville lead smelter. Our zinc and lead products • Mount Isa City Council Lady Loretta Mine are exported from the Port of Townsville. • Townsville City Council. Mount Isa In 2020, our north Queensland copper and zinc operations have been consolidated Australian leadership as a single business entity, Glencore Queensland Metals. Matt O’Neill, Chief Operating Offi cer, Mount Isa Mines Queensland Metals George Fisher Mine As a major employer, we recognise the Zinc-lead concentrator signifi cant socio-economic role we play Sam Strohmayr, Chief Operating Offi cer, Rockhampton Lead smelter in regional Queensland. We aim to work Zinc Assets Australia OPERATION ASSETS 2019 PRODUCTION QUEENSLAND Mount Isa 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 5,518,256 oz Brisbane Lady Loretta underground mine t = tonnes oz = ounces Mine site Underground mine Other asset Port facilities and storage Rail 10 Glencore 2020 Corporate Profi le Queensland Glencore 2020 Corporate Profi le Queensland 11 Energy Monitoring operations at Glencore’s Clermont Coal open cut mine in central Queensland 12 Glencore 2020 Corporate Profi le Queensland Glencore 2020 Corporate Profi le Queensland 13 Energy Coal Our 2019 contribution $4.1 b 4,410 $430 m $3.1 b Total Employees Wages and Spent on goods contribution and contractors salaries and services Abbot Point Coal Terminal (T1) Bowen Collinsville Coal We operate six coal mines across regional Queensland. Newlands Coal In 2019 we produced over 50 million tonnes in regional Queensland. We aim to work Mackay Hail Creek Coal of saleable thermal and coking coal in the constructively with local and regional state. Our coal in Queensland is exported councils for the benefi t of the communities Dalrymple Bay Coal Terminal from the ports of Abbot Point, Dalrymple in which, and near which, we operate. Bay, Wiggins Island Coal Export Terminal These councils include: A and RG Tanna coal terminal. • Central Highlands Regional Council Clermont Coal B We aim to have a positive impact on • Isaac Regional Council communities associated with our Oaky Creek Coal • Mackay Regional Council Rockhampton operations through our direct employment and spend on goods and services from • Whitsunday Regional Council. local and regional business. We maintain Gladstone a strong focus on rehabilitation and Australian leadership A provide support for a wide range of Gary Nagle, Global Head of Coal Assets Rolleston Coal community initiatives. B Ian Cribb, Chief Operating Offi cer, Coal Wiggins Island As a major employer, we recognise the A Assets Australia Coal Export Terminal signifi cant socio-economic role we play RG Tanna Coal Terminal B C OPERATIONS METHODS PRODUCTS 2019 PRODUCTION1 QUEENSLAND Collinsville Coal Open cut Thermal 3,773,000 t Newlands Coal Open cut Thermal, Coking 4,547,000 t Coalfi elds C Clermont Coal Open cut Thermal 12,029,000 t A Galilee Basin Oaky Creek Coal Underground Coking 5,446,000 t B Bowen Basin Hail Creek Coal Open cut Thermal, Coking 8,774,000 t C Surat Basin Brisbane Rolleston Coal Open cut Thermal 15,725,000 t QUEENSLAND 1 Managed equivalent saleable production, volumes rounded up/down t = tonnes to nearest 1,000 tonnes C Mine site Underground mine Open cut mine Brisbane Port facilities and storage Rail NEW SOUTH WALES Glencore 2020 Corporate Profi le Queensland Glencore 2020 Corporate Profi le Queensland 14 A 15 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 Energy Oil Glencore’s oil business in Australia supplies our mining and agricultural operations’ fuel needs.

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