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Glencore notes ruling by the Chilean Second Environmental Tribunal regarding Collahuasi
Glencore plc
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Registration
number 107710)
JSE Share Code: GLN
LSE Share Code: GLEN
ISIN: JE00B4T3BW64
LEI: 2138002658CPO9NBH955
Baar, Switzerland
18 May 2026
Glencore notes ruling by the Chilean Second
Environmental Tribunal regarding Collahuasi
Glencore does not currently expect any immediate impact on
production
Glencore notes the 15 May ruling in Chile by the Second Environmental Tribunal which
purports to set aside the Environmental Authorisation (RCA) issued by the
Environmental Assessment Service (SEA) to the independently managed Collahuasi
copper mine in 2021 for the "Infrastructure Development and Production Capacity
Improvement" project that includes the development of a water desalination plant for
Collahuasi, which is now almost complete.
Glencore understands from the Tribunal's own press release that its ruling is limited to
two specific aspects relating to analysis on the effects on a local community and on the
marine environment. Collahuasi is currently in the process of seeking full clarification
from the Tribunal and the SEA in order to determine the specific effects of its ruling, the
matters that it requires SEA to re-examine, and any impact on Collahuasi's operation.
Based on the information currently available and subject to the existing alternative
water sources for Collahuasi, Glencore does not currently expect any immediate impact
on production.
Collahuasi has confirmed that the environmental permitting process for the project was
carried out in accordance with local regulations and under the relevant environmental
framework. The RCA was obtained in December 2021, following a rigorous assessment
process led by the SEA, including the indigenous consultation defined by the competent
authority. This was subsequently confirmed by the Ministers Committee in August 2023.
Collahuasi has stated that it will continue to work in coordination with the relevant
authorities and stakeholders, acting responsibly and in accordance with the legal
framework, in order to determine the appropriate next steps.
Glencore will provide further updates as appropriate.
For further information please contact:
Investors
Martin Fewings t: +41 41 709 28 80 m: +41 79 737 56 42 martin.fewings@glencore.com
Media
Charles Watenphul t: +41 41 709 24 62 m: +41 79 904 33 20 charles.watenphul@glencore.com
www.glencore.com
Glencore LEI: 2138002658CPO9NBH955
Notes for Editors
Glencore is one of the world's largest global diversified natural resource companies and a major producer
and marketer of more than 60 commodities. Through a network of assets, customers and suppliers that
spans the globe, we produce, process, recycle, source, market and distribute the commodities that advance
everyday life.
With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established
and emerging regions for natural resources, our marketing and industrial activities are supported by a
global network of offices.
Glencore's customers are principally industrial consumers, such as those in the automotive, steel, power
generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to
producers and consumers of commodities.
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Important Information
This material does not purport to contain all of the information you may wish to consider. For further important
information, including in connection with forward-looking statements and other cautionary information, refer to the
Important notice section of Glencore's 2025 Annual Report, which is available at glencore.com/publications. By their
nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause
actual results, performance or achievements to differ materially from any future events, results, performance,
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Other information
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this
document, "Glencore", "Glencore group" and "Group" are used for convenience only where references are made to
Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not
imply any other relationship between the companies. Likewise, the words "we", "us" and "our" are also used to refer
collectively to members of the Group or to those who work for them. These expressions are also used where no useful
purpose is served by identifying the particular company or companies.
Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited
Date: 18-05-2026 08:35:00
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