Glencore

GLEN.L 510.7GBp ▼ -12.78% 30d · Jun 26

US-backed Orion CMC agreed to buy 40% of Glencore's DRC copper-cobalt assets for $9bn as Glencore-Rio merger talks collapsed

The Mutanda-KCC stake transfer gives Washington indirect control over two of the DRC's largest mines; a six-month Takeover Panel cooling-off period on the Rio Tinto mega-merger expires in August 2026

Whose Money ·6 takes ·Jun 26