Glencore Signs MOU With US-Backed Group For Sale Of 40% Interest In Two African Mines

Glencore and the Orion Critical Mineral Consortium are pursuing a non-binding MOU for the latter to acquire a 40% stake in Glencore’s interests in its Democratic Republic of Congo assets Mutanda Mining and Kamoto Copper Company, implying a combined enterprise value for the two assets of around $9 billion. The valuation is based on the […] The post Glencore Signs MOU With US-Backed Group For Sale Of 40% Interest In Two African Mines appeared first on the deep dive.