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Glencore Announces Proposed Acquisition By Orion CMC Of A Stake In Co's DRC Assets

ReutersFeb 3, 2026 3:37 PM

- Glencore PLC GLEN.L:

  • PROPOSED ACQUISITION BY US-BACKED ORION CRITICAL MINERAL CONSORTIUM OF A STRATEGIC STAKE IN GLENCORE'S DRC ASSETS

  • GLENCORE: POTENTIAL ACQUISITION BY ORION CMC OF A 40% STAKE IN GLENCORE'S INTERESTS IN ITS DEMOCRATIC REPUBLIC OF CONGO ASSETS

  • GLENCORE:TRANSACTION IS EXPECTED TO IMPLY A COMBINED ENTERPRISE VALUE FOR MUMI AND KCC OF AROUND $9 BILLION

  • GLENCORE:MUMI AND KCC WOULD CONTINUE TO BE MANAGED AS PART OF GLENCORE GROUP

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