17/10/2026
🇦🇺 GLENCORE BEGINS TRADING ON THE ASX UNDER CODE GLC
Glencore has officially begun trading on the Australian Securities Exchange (ASX) under the ticker GLC, marking another milestone in its long-standing presence in Australia.
Glencore CEO Gary Nagle described the move as an exciting day for the company and highlighted Australia’s importance to its global resources business.
“We believe our portfolio of mainly brownfield copper growth projects provides us with a clear pathway to become one of the world’s largest copper producers,” Nagle said.
He also highlighted Australia’s sophisticated investment community, saying:
“Glencore has been investing in Australia for decades and we know the Australian investment community has a sophisticated understanding of global resources and commodity markets.”
Copper is expected to play an important role in meeting demand from power grids, renewable energy, electric vehicles and AI data centres.
📊 GLENCORE’S AUSTRALIAN FOOTPRINT
⛏️ 16 active mining operations
🏭 7 metals processing facilities
👷 16,820 employees and contractors
💰 $95 billion contributed directly to the Australian economy over five years
🏗️ Support for more than 6,440 Australian-based businesses
🇦🇺 More than $24 billion paid in taxes and royalties to Australian governments over five years
Glencore also says it is Australia’s largest producer of coal, cobalt, nickel, lead and zinc, with operations spanning mining, processing, technology and energy.
With its primary listing in London and an existing secondary listing in Johannesburg, the ASX listing expands the ways Australian investors can access the company.
For the resources sector, Glencore’s focus on copper growth projects is worth watching as demand for the metal continues to be driven by electrification and infrastructure development.