Glencore to conclude sale of Mopani stake to Zambian govt this week - state media

Glencore has concluded discussions with the Zambian government about the sale of a majority stake in the Mopani copper mine, state media reported on Friday January 8.

An agreement will be signed this week, according to a report by the Zambian National Broadcasting Corp, citing President Edgar Lungu.

"Glencore confirms that it is in final-stage negotiations relating to a possible sale of Carlisa’s 90% stake in Mopani to ZCCM," Glencore said in a statement.


Julian Luk

January 11, 2021

15:51 GMT

Hong Kong