Glencore flags major DRC deal as Rio deadline looms

glencore-flags-major-drc-deal-as-rio-deadline-looms
AFRICA

US and DRC cosying up over critical minerals

Joshua Smith and Beth McLoughlin

Glencore flags major DRC deal as Rio deadline looms

Credits: Glencore/Kamoto Copper Company

London-listed Glencore has flagged that it is in talks to sell a 40% stake in its Democratic Republic of the Congo mines to a US-backed consortium in a circa US$9 billion deal.   Under a non-binding…

Start a free trial to continue reading this article

Already have an account? Sign in here

The definitive guide to mining operations and excellence.

Established in 1909 by Herbert Hoover, Mining Magazine provides comprehensive technical insight into mining operations. It aims to inform and support mine management in decision-making regarding mining techniques, technologies, workforce, logistics, and supply chains.

Subscribe now

Get the Mining Magazine Newsletter delivered free each day

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

editions

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions