Glencore (LON:GLEN) executives used the company’s annual general meeting to emphasize safety, copper growth plans, shareholder returns and the role of its marketing business, while facing shareholder and stakeholder questions on labor relations, mine closures and tailings safety.
Kalidas Madhavpeddi, chair of the Board of Directors, opened the meeting by saying health and safety remained the company’s top priority. He said Glencore had improved safety metrics, decreased recordable injuries and reduced fatalities. However, he added that the company recorded two fatalities last year and that three colleagues in Kazakhstan died “just a month ago.”
