News
24 June 2019

Glencore could take majority stake in PolyMet

In:
Metals and Mining
Region:
Americas

Glencore could take a majority stake in PolyMet Mining — sponsor of a copper-nickel mine near Hoyt Lakes in Minnesota. Through an ongoing rights offering, PolyMet is trying to clear more than $240 million in debt it owes to Glencore. The rights offering allows existing shareholders to purchase...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
03 September 2026

Taean: A Korean offshore wind test case for ECAs

The embryonic Korean offshore wind market is a long way off project finance adolescence. A viable ECA-backed template for big-ticket projects is set to emerge next year – but...

Perspective
03 September 2026

Serica and Adura: A modest comeback for North Sea RBLs

Serica Energy’s oversubscribed $750 million refinancing and Adura’s $3 billion RBL show that bank liquidity is returning to the UK’s North Sea. But it is returning on terms...