News
19 January 2021

Glencore agrees $1.5bn sale of Mopani mine to Zambia's ZCCM

In:
Metals and Mining
Region:
Middle East & Africa

Glencore subsidiary Carlisa Investments has signed an agreement with ZCCM Investments Holding to transfer its majority interest in Mopani Copper Mines to Zambia's ZCCM in a $1.5 billion deal.Mopani has been funded by borrowings from Carlisa - in which Glencore holds 81.2% of the shares - and...

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