Glencore Completes Sale of Three Projects

Base Metals Investing

Glencore plc (LSE:GLEN) announced the completion of the sale of three projects: the Tampakan copper project, the Falcondo nickel operation and the Sipilou nickel project.

Glencore plc (LSE:GLEN) announced the completion of the sale of three projects: the Tampakan copper project, the Falcondo nickel operation and the Sipilou nickel project.
As quoted in the press release:

The assets were inherited from Xstrata following the completion of the takeover in May 2013. The total proceeds raised from the sales are approximately USD$290m.

Click here to read the full Glencore plc (LSE:GLEN) press release.

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