Glencore in $1B copper-cobalt deal

GLENCORE will pay nearly $US1 billion to beef up its copper and cobalt exposure in the Democratic Republic of Congo.

Glencore in $1B copper-cobalt deal Glencore in $1B copper-cobalt deal Glencore in $1B copper-cobalt deal Glencore in $1B copper-cobalt deal Glencore in $1B copper-cobalt deal

Glencore acquire the 31% of Mutanda Mining it doesn’t already own, as well as a 10.25% stake in Katanga Mining from Fleurette Properties, owned by Israeli billionaire Dan Gertler.