GLENCORE and Metals Acquisition Corp have entered into a binding agreement for MAC to buy Glencore’s Cobar copper mine in New South Wales.
MAC deal for Cobar going through.
Under the deal Glencore gets US$1.1 billion as originally agreed on March 17, with payment terms amended and a 1.5% net smelter return life of mine royalty. MAC is a New York Stock Exchange-listed Special...
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