Glencore paid $5.7bn in taxes, royalties to governments in 2018

Diversified miner Glencore made $5.7-billion worth of payments to governments in 2018.

This include income taxes, royalties and other payments.

“Our activities within our operating countries enable governments to monetise their natural resources. Governments can use tax and royalty payments to provide its citizens with services and infrastructure that improve their quality of life,” CFO Steve Kalmin said on Monday.