---
title: "GLNCY Glencore"
canonical: "https://supercyclehq.com/stock/glencore"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "GLNCY"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Glencore (GLNCY)

Glencore is one of the world's largest diversified commodity companies, combining industrial mining with the biggest commodity trading operation on earth.

## AI Exposure Score

**15/100, Peripheral.** Glencore is a top-tier copper and cobalt producer whose output and recycling business are levered to AI data center and grid electrification demand. Coal and the trading arm still drive much of earnings, so the thesis depends on broad commodity cycles.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $13.72 |
| Change 1d | -0.87% |
| Change 7d | -4.19% |
| Change 30d | -7.98% |
| Change 1y | +51.87% |
| 52-week high | $17.00 |
| 52-week low | $8.52 |
| Market cap | $80.4B |
| P/E | 15.24 |
| EPS | $0.90 |
| Next earnings | 2026-08-05 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | OTC |
| Sector | Basic Materials |
| Headquarters | Baar, Switzerland |
| CEO | Gary Nagle C.A. |
| Employees | 140,000 |
| Website | https://www.glencore.com |
| Buildout layers | [Raw Materials & Mining](https://supercyclehq.com/category/raw-materials) |

## What the company does

Glencore is one of the world's largest diversified commodity companies, combining industrial mining with the biggest commodity trading operation on earth. It earns money producing copper, cobalt, zinc, nickel, and coal, and from a marketing arm that moves raw materials around the globe.

For the AI story, copper and cobalt matter most. Glencore is a top-tier copper producer with assets across South America, Africa, and Australia, and one of the largest cobalt suppliers through its operations in the Democratic Republic of the Congo. Its recycling business also recovers copper and precious metals from scrap, including electronic waste, another route into electrification supply chains.

Founded in 1974 and headquartered in Baar, Switzerland, Glencore employs about 140,000 people across its industrial and trading operations, with US investors trading its shares over the counter.

## Role in the AI buildout

Glencore supplies the Raw Materials layer twice over: as a top-tier copper and cobalt producer, and as the world's largest commodity trader moving those metals to buyers. Data center construction, transmission buildout, and backup power systems all pull on copper supply, and Glencore's recycling arm adds recovered metal to the pool. Coal and trading profits still steer overall earnings, keeping its AI linkage real but minor.

## FAQ

### What does Glencore do?

Glencore mines and markets commodities. It produces copper, cobalt, zinc, nickel, and coal from industrial assets worldwide, and runs the world's largest commodity trading operation, moving raw materials between producers and buyers across every major market.

### How is Glencore exposed to AI?

Its copper and cobalt output and its metals recycling business are levered to data center and grid electrification demand. Supercycle rates it Peripheral with an AI Exposure Score of 15 out of 100, since coal and trading still drive much of earnings.

### Why does copper matter to the AI buildout?

Every data center consumes copper in wiring, transformers, busbars, and cooling systems, and the transmission lines feeding them use far more. AI-driven electricity demand therefore tightens copper markets, benefiting large, low-cost producers like Glencore.

### Who leads Glencore?

Gary Nagle serves as chief executive officer. Glencore was founded in 1974, is headquartered in Baar, Switzerland, and employs about 140,000 people across its industrial and trading operations. US investors trade its shares over the counter as GLNCY.

### Is GLNCY a pure play AI stock?

No. Supercycle classifies GLNCY as Peripheral with a score of 15 out of 100. Copper and cobalt give real leverage to electrification, but Glencore's earnings swing with coal prices and trading results across all commodities.

---

Source: https://supercyclehq.com/stock/glencore. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.