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Home Mining Companies Glencore

Glencore puts Australian business at the heart of $19 billion economic contribution

by Ben Cartwright
June 5, 2026
in Glencore, News
Reading Time: 2 mins read
A A
Image: Marlon Trottmann/shutterstock.com

Image: Marlon Trottmann/shutterstock.com

Glencore has reported that its Australian operations contributed $19.3 billion to the national economy in 2025, according to its annual economic contribution report prepared by PwC.

The company, one of Australia’s largest producers of coal and critical minerals, said its operations continued to support jobs, local businesses and government revenues at a time when cost-of-living pressures remain elevated across the country.

In 2025, Glencore supported 16,820 employees and contractors across its Australian operations. It also spent $14.21 billion on goods and services, working with 6440 Australian-based businesses ranging from small local suppliers to large industrial service providers.

The company contributed $2.4 billion in taxes, royalties and rates to governments over the year, reinforcing its role as a significant contributor to public revenue.

Glencore finance lead for Australia Nick Talintyre said the results highlighted the ongoing importance of the mining sector to the national economy and regional communities.

“From local cafes, cleaners and trades to major equipment, transport and mining services providers, we gratefully acknowledge the thousands of people, businesses and communities that help keep Australia’s resources sector operating,” he said in a statement.

He said Glencore’s operations extend well beyond regional mining centres, with economic activity flowing through areas including the Hunter Valley, Mount Isa, Emerald, Borroloola and the WA Goldfields, as well as major metropolitan centres such as Brisbane, Sydney and Melbourne.

Talintyre added that the company’s workforce remained central to its performance, highlighting ongoing commitments to safe and responsible operations.

“Our people are the heart of everything we do,” he said. “We acknowledge their ongoing commitment to working safely and responsibly so that we can continue to contribute to national prosperity.”

The report underscores the scale of Glencore’s footprint in Australia’s resources sector, particularly through its supply chain expenditure and regional employment base, which continues to support economic activity.

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