News
24 June 2019

Glencore could take majority stake in PolyMet

In:
Metals and Mining
Region:
Americas

Glencore could take a majority stake in PolyMet Mining — sponsor of a copper-nickel mine near Hoyt Lakes in Minnesota. Through an ongoing rights offering, PolyMet is trying to clear more than $240 million in debt it owes to Glencore. The rights offering allows existing shareholders to purchase...

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