Glencore sells Mopani to Zambia in debt-funded deal

Glencore has agreed to sell its majority stake in the Mopani copper mine in Zambia to minority partner ZCCM Investments Holdings, an investment vehicle controlled by the Zambian government, in a debt-funded deal worth US$1.5 billion.

Glencore is selling its stake in the Mopani copper mine in Zambia to an invesment vehicle controlled by the Zambian government

19 January 2021
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The transaction will see ZCCM take on US$1.

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