LSE:GLENMetals and Mining
Glencore’s Congo Copper Deal Reshapes Critical Mineral Exposure And Valuation
Glencore (LSE:GLEN) has agreed to sell a 40% stake in its Congolese copper assets to a US government backed consortium.
The deal comes as the US and China compete for control over critical mineral supply chains.
Glencore is also deepening its partnership with the Orion Critical Mineral Consortium to pursue additional projects in Africa.
Glencore is one of the largest global producers and traders of copper, a metal that sits at the heart of electric vehicles, power grids and broader energy...