Post by Shore Africa
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From Johannesburg’s mining corridors to the helm of a global commodities powerhouse, Gary Nagle has emerged as chief executive officer of Glencore, the London-listed group valued at about $90 billion. His career spans more than two decades across coal, ferroalloys, and copper operations in South Africa, Switzerland, Colombia, and Australia. Since taking over in 2021, Nagle has steered the company deeper into copper, committing billions to projects in Argentina and Peru as demand rises from energy transition infrastructure and electric vehicles. Under his leadership, Glencore reported a turnaround in 2025 financial results, with profit rebounding and revenue rising to $241.5 billion, reinforcing its position among the world’s largest commodity traders. He also oversaw strategic expansion in copper assets, including a $13.5 billion investment in Argentina and full ownership of Peru’s Quechua project, while strengthening operations in Australia. Nagle, a South African chartered accountant, joined Glencore in 2000 and rose through key roles in Colombia and South Africa before becoming CEO at age 45, succeeding Ivan Glasenberg.