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US-Backed Group Congo Mines Deal With Glencore in ‘Final Phases’

Source: Bloomberg

M&A & RestructuringCommodities & Raw MaterialsEmerging MarketsGeopolitics & War

A US government-backed consortium has nearly completed its acquisition of stakes in Glencore Plc’s copper-cobalt mines in the Democratic Republic of Congo, according to a senior consortium figure. The article provides no stake size, transaction value, or completion date.

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