Glencore has revealed it paid around $5bn to governments around the world in 2015.

The big charterer said $2.86bn of this amount is related to payments made in accordance with the EU transparency directive.

Australia was the country to receive the biggest sum of money from Glencore, as the company paid $866.77m through taxes, royalties and other fees.

Glencore paid $525m to Argentina while the Democratic Republic of Congo came third with $493.15m.

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