Glencore International AG is a Swiss public company, one of the world’s largest crude oil traders. It is also a recognized supplier of natural energy resources and rare earth materials. The company was founded in April 1974 in the Swiss town of Baar specializing at the outset in crude oil and minerals marketing. In 2008, its year turnover reached a level of 152 billion US dollars, while the net income was 4, 75 billion US dollars.