Tuesday 28 April 2015

Otmane El Rhazi : Glencore spends $114m on corporate social initiatives

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Diversified mining and marketing company Glencore spent $114-million on corporate social initiatives last year, representing 2.2% of group profit before tax, the company said on Tuesday. The 118 000-employee, 50-country Glencore, headed by CEO Ivan Glasenberg, said the investment helped to meet fundamental needs in education, health and infrastructure.

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