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    cobalt investing

    Metorex To Sell Sable to Glencore

    Investing News Network
    Jun. 08, 2011 10:32AM PST
    Battery Metals

    Reuters Africa reported that Metorex (JNB:MEMTX) will sell its stake in Sable Zinc to Glencore (LON:GLEN).

    Reuters Africa reported that Metorex (JNB:MEMTX) will sell its stake in Sable Zinc to Glencore (LON:GLEN).

    The market news is quoted as saying:

    The sale is one of the conditions attached to a takeover offer for Metorex by Brazilian mining group Vale, which bid $1.1 billion for the South African company in a move to tap into its copper and cobalt operations in Africa.

    To read the full market news, click here.

    cobalt investinglon:glensable zinc
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