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Radiant World sues Glencore for $2 billion, Bloomberg News reports
Source: reuters.com
Legal & LitigationCommodities & Raw MaterialsCompany Fundamentals
Radiant World and Sapphire Minmetals filed a lawsuit in Singapore seeking $2 billion in damages from London-listed miner Glencore, according to Bloomberg. The claim creates a potentially material legal and financial overhang for Glencore, although the article provides no details on the allegations, likelihood of loss, or company response.
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