With over $200 billion in revenue last year and over 150 oil, gas and mining operations worldwide, Glencore is one of the world’s largest commodity conglomerates. It’s also one of the world’s most corrupt companies, something people around the world know too well.

WASHINGTON, DC – MAY 24: U.S. Attorney General Merrick Garland (C) announces a resolution of a foreign-bribery investigation with Glencore International AG, an Anglo-Swiss commodities company, during a news conference at the Department of Justice’s Robert F. Kennedy Building on May 24, 2022 in Washington, DC. Glencore will pay pay at least $1.2 billion to settle U.S. criminal and civil investigations into manipulation of fuel-oil prices among other penalties in the UK and Brazil. (Photo by Chip Somodevilla/Getty Images)

Take it from me, Minnesota: Steer clear of Glencore.

By Eric Ini  Minnesota Reformer  January 18, 2023

I’ve been learning a lot about the PolyMet proposal to open a copper/sulfide mine in the state of Minnesota since moving here in 2019. What has shocked me is the lack of attention paid to PolyMet’s owner, Glencore. As a native Cameroonian, I have a lot of experience with this company, and take it from me: It’s not an experience we want in Minnesota.

The idea of corruption has impacted me much of my life. Earlier in my career, which has taken me across four continents, I applied for a visa to visit the United Kingdom. My application was rejected three times in one month. I learned on appeal that I was refused a visa all those times because my country Cameroon had just been rated the most corrupt country in the world. I did eventually get the visa, but from that day forward I vowed to fight corruption and other social ills in my community.

In 2014, I moved back to Cameroon to work for an international organization fighting to put an end to land grabbing — the practice used by multinational corporations to acquire huge parcels of land for mining, agriculture, etc. — regularly in violation of national and international laws.

Here’s the thing about corruption in Africa: My team and I were always happy whenever the offending companies turned out to have ties to the West, because then we could more readily rely on laws like the American Lacey Act (illegal trafficking); European timber laws; the UK Bribery Act; and the US Foreign Corrupt Practice Act. Each of these seeks to prevent corruption and illegal activities internationally.

This is why I was so surprised to learn about Minnesota’s prospective dealings with Glencore. With over $200 billion in revenue last year and over 150 oil, gas and mining operations worldwide, Glencore is one of the world’s largest commodity conglomerates. It’s also one of the world’s most corrupt companies, something people around the world know too well.

Rise Up Times publishes articles and information about issues that affect our lives daily and are a basis for action. A gift of $25 makes it possible to continue to bring you stories, actions, and events as well as thoughtful reflections and analyses.

Just this month, Glencore paid a $180 million fine for corruption in the Congo. Last month we learned that 11 former Glencore employees could be under investigation in the UK for bribery in five African countries. Founder Mark Rich admitted to the bribery, including in my native Cameroon, in a case where prosecutors described the flying of cash bribes across the continent in private jets.

Here, Glencore has been under investigation by the U.S. Department of Justice. This summer, Glencore pled guilty to fraud and market manipulation under the U.S. Foreign Corrupt Practices Act, and paid over $1 billion in fines in June. Total fines paid this year, which include related matters in Brazil, are up to $1.5 billion.

This is just the recent news. Google “Glencore fraud” for an interesting afternoon of reading. The United Steelworkers had it right when they named Glencore the second worst company in the world in 2015. Or, they may have been off by one spot.

So what I can’t help but ask is, why on earth would Glencore be allowed to do business here in Minnesota? Especially when thousands of acres of wetlands and billions of gallons of fresh clean water are on the line?

It’s not just a question that I have. People around the world are asking me the same question as they learn of the Glencore/PolyMet proposal, including NJ Ayuk, chair of the African Energy Chambers; and Akere Muna, one of the founding presidents of Transparency International. In Africa, Muna is urging Glencore to release the names of the bribe recipients.

What Glencore has done to people across the globe is shocking and appalling. It would be even more shocking if we rewarded such a company with an opportunity to do business here in Minnesota. I can promise you this is not a result that people in Africa are rooting for.

I encourage the state of Minnesota to respond to Glencore’s attempts to mine here with a significantly increased level of diligence, and to communicate to Minnesotans more fully the nature of Glencore’s business practices. I plan to reach out to elected officials about this, including Gov. Tim Walz, and I hope you do, too.

There’s too much at stake, both here in Minnesota and for our global neighbors who count on these things mattering. Minnesota could help bring relief and solace to people in Cameroon and around the world that have been adversely impacted by Glencore’s corrupt practices — by rejecting those practices here. My people are counting on us.

Our stories may be republished online or in print under Creative Commons license CC BY-NC-ND 4.0. We ask that you edit only for style or to shorten, provide proper attribution and link to our web site. Please see our republishing guidelines for use of photos and graphics.


Rise Up Times Editor’s Note from Earth Island Journal
The massive project, which is slated to occupy some 19,000 acres, would destroy more than 1,000 acres of wetland. This type of open-pit mine design has a 100 percent failure rate, and is particularly dangerous in a water-rich environment, according to research by the mining watchdog group Earthworks.

PolyMet Mine: Glencore guilty of bribery charges and market manipulation   RiseUpTimes.org

Independent media is essential in these Rise Up Times. Your support makes Rise Up Times, Media for Justice and Peace possible. Please donate today.

Raised fist and pen power

By Published On: January 19th, 2023Comments Off on Take it from me, Minnesota: Steer clear of Glencore, by Eric Ini

Share This Story, Choose Your Platform!

Subscribe via email
Enter your email address to follow Rise Up Times and receive notifications of new posts by email.

Join 3,899 other followers


VIDEO: Militarism, Climate Chaos, and the Environment