GLENCORE PLC Competition

Glencore trades in the stuff of which stuff is made. The commodities trader (metals and minerals, agricultural products, and energy) and a diversified natural resources conglomerate has interests in companies involved in mining, smelting, refining, and agriculture. In the energy sector, it markets such products as coal, crude oil, jet fuel, and gasoline. Glencore's holdings include minority interests in Century Aluminum and French base metals refiner Recylex , and majority control of Australian nickel miner Minara Resources. It also owns Canada-based grain giant Viterra . In 2016 Glencore and Qatar's sovereign wealth fund bought 19.5% of Rosneft from the Russian state for $11 billion.

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