# Glencore

> Glencore is a VC fund in Baar backing Mining, Mineral and Precious Metals. See 27 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Baar, Switzerland
- Total investments: 27
- Last investment: Jun 2026
- Lead investor: 74%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/glencore/
- X (Twitter): https://www.twitter.com/glencoreplc
- Website: http://glencore.com
- Facebook: https://www.facebook.com/Glencore/

Glencore is a global and diversified natural resource company. From powering the electric vehicle revolution to the smartphone in your pocket, the commodities we source enable modern life.

## Contacts

5 contacts available for Glencore. Shizune tracks 7 team members at Glencore. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/glencore?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Mining | 10 | 37% |
| Mineral | 8 | 30% |
| Precious Metals | 7 | 26% |
| Mining Technology | 6 | 22% |
| Natural Resources | 6 | 22% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Equity | 11 | 41% |
| Post-IPO Debt | 7 | 26% |
| Secondary Market | 2 | 7% |
| Series B | 1 | 4% |
| Series C | 1 | 4% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 9 | 33% |
| Australia | 3 | 11% |
| United Kingdom | 3 | 11% |
| United States | 2 | 7% |
| Brazil | 1 | 4% |

10 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ivan Glasenberg | CEO | 0 | — |
| Jean-Francois Verret | Strategy, Projects and Public Affairs | 0 | — |
| Mick Buffier | Group Executive | 0 | — |
| Olga Orr | Risk Management Information Architecture, BI and Analytics | 1 | — |
| Steven Kalmin | Chief Financial Officer | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Larvotto Resources | Larvotto Resources is an Australian resource firm that specialises in the exploration and evaluation of mineral resource projects. Larvotto is focusing on expanding its portfolio of assets in Australia that are close to other productive mines, proven finds, and existing infrastructure. | $15M | Post-IPO Equity | Jun 11, 2026 |  |
| Hot Chili | Hot Chili Limited (ASX:HCH) is an ASX copper developer who holds the largest copper resource on the ASX, outside of the control of a major mining company. The Company’s vision is to build a major copper miner through the development of Costa Fuego Mineral Resource, which currently stands at 2.9Mt copper, 2.7Moz gold, 9.9Moz silver, and 64ktmolybdenum. | $28.1M | Post-IPO Equity | Feb 04, 2026 |  |
| Abcourt Mines | Abcourt Mines is a Canadian based mining, development and exploration company | $30M | Post-IPO Debt | Dec 22, 2025 |  |
| Chilean Cobalt | Chilean Cobalt is an energy and renewable company that specializes in the development and production of cobalt. The company focuses on developing premier cobalt projects in Northern Chile's Atacama region. | $3M | Post-IPO Equity | Dec 03, 2025 |  |
| Li-Cycle | Li-Cycle is a clean technology company with revolutionary technology for resource recovery of end-of-life lithium-ion batteries. Li-Cycle Technology™ is a closed loop, economically viable, safe and sustainable process that can recover 80 – 100% of all materials in lithium-ion batteries.Li-Cycle is on a mission to provide sustainable and safecustomer-centric solutions for end-of-lifecycle lithium-ion batteries while meeting the rapidly growing demand for critical batteries. | $7.5M | Post-IPO Debt | May 14, 2025 |  |
| Ancolia Holding AG | Ancolia Holding AG is a Swiss asset management company headquartered in Baar, in the canton of Zug. Operating as a financial subsidiary within the Glencore group, the firm benefits from the stability, global reach, and longstanding expertise of one of the world’s leading diversified natural resources companies.Specializing in high-valueinstitutional and private portfolio management, Ancolia Holding AG has established itself as a reliable and agile player within the Swiss financial ecosystem.With CHF 5 billion in Assets Under Management (AUM), the company offers a comprehensive range of services, including:discretionary and advisory portfolio management,multi-asset investment strategies,alternative investments,tailored solutions for family offices and entrepreneurs,and institutional mandates.The company employs 12 seasoned professionals, encompassing portfolio managers, analysts, ESG specialists, and compliance/risk experts. This streamlined structure ensures swift decision-making, strong governance, and a highly personalized client experience.Ancolia Holding AG’s investment philosophy emphasizes transparency, discipline, and sustainability, combining rigorous fundamental analysis with advanced risk management frameworks and ESG integration. Leveraging its strategic position within the Glencore ecosystem, the firm adheres to strong corporate governance standards and maintains a long-term, performance-driven vision.With its expertise, strategic insight, and location in the heart of central Switzerland, Ancolia Holding AG is committed to helping clients protect and grow their assets in a complex and rapidly evolving financial environment. | $526.6M | Private Equity | Feb 10, 2025 |  |
| Li-Cycle | Li-Cycle is a clean technology company with revolutionary technology for resource recovery of end-of-life lithium-ion batteries. Li-Cycle Technology™ is a closed loop, economically viable, safe and sustainable process that can recover 80 – 100% of all materials in lithium-ion batteries.Li-Cycle is on a mission to provide sustainable and safecustomer-centric solutions for end-of-lifecycle lithium-ion batteries while meeting the rapidly growing demand for critical batteries. | $75M | Post-IPO Debt | Mar 12, 2024 |  |
| Tullow Oil | Tullow oil is a leading independent oil and gas exploration and production company. Their focus is on finding and monetising oil in Africa and the Atlantic Margins. Their portfolio of over 135 licences spans 22 countries and is organised into three regions. They are headquartered in London and have a total workforce of approximately 2,000 people,with over 50% of these working in Their African operations. Their shares are listed on the London, Irish and Ghanaian Stock Exchanges. | $400M | Post-IPO Debt | Nov 13, 2023 |  |
| Tantalex Lithium Resources | Tantalex is a Canadian junior exploration and development company that focuses on offering the market with conflict-freehigh-tech minerals. | $5M | Post-IPO Debt | Nov 13, 2023 |  |
| Stillwater Critical Minerals | Stillwater Critical Minerals (TSX.V: PGE \| OTCQB: PGEZF) is a Canadian mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district of Montana, USA. | $4.9M | Post-IPO Equity | Jun 23, 2023 |  |

10 of 27 investments shown.

## Co-investors
- Allseas Group — VC Fund, 1 deal together
- Carbon Transition — VC Fund, 1 deal together
- [Bank of America](https://shizune.co/investors/profile/bank-of-america) — VC Fund, 1 deal together
- Blue Spec — VC Fund, 1 deal together
- [Citibank](https://shizune.co/investors/profile/citibank) — VC Fund, 1 deal together
- [Darahim Investment](https://shizune.co/investors/profile/darahim-investment) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [RA Capital Management](https://shizune.co/investors/profile/ra-capital-management) — VC Fund
- [KB Securities](https://shizune.co/investors/profile/kb-securities) — VC Fund
- [Frazier Healthcare Partners](https://shizune.co/investors/profile/frazier-healthcare-ventures) — VC Fund

## FAQ

### What does Glencore invest in?

Glencore invests primarily in Mining, Mineral and Precious Metals startups, most often at Post-IPO Equity and Post-IPO Debt stage. Most of the 27 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Glencore?

Public channels for Glencore include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Glencore?

The team at Glencore includes Ivan Glasenberg (CEO), Jean-Francois Verret (Strategy, Projects and Public Affairs) and Mick Buffier (Group Executive), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co