Glencore plc
Baar, Switzerland
14 June, 2018
Katanga's Settlement Agreement with G�camines becomes effective
Glencore refers to its announcement on 12 June, 2018 with regard to the Settlement Agreement entered into by Katanga Mining Limited ("Katanga") with La G�n�rale des Carri�res et des Mines ("G�camines") for the resolution of the capital deficiency at Katanga's 75% owned DRC operating subsidiary Kamoto Copper Company.
Glencore confirms that the condition precedent to the Settlement Agreement has now been fulfilled. The Settlement Agreement is therefore unconditional and effective.
For further information please contact:
Media |
Charles Watenphul |
t: +41 41 709 24 62 |
m: +41 79 904 33 20 |
charles.watenphul@glencore.com |
Investors |
Martin Fewings |
t: +41 41 709 2880 |
m: +41 79 737 5642 |
martin.fewings@glencore.com |
Ash Lazenby |
t: +41 41 709 2714 |
m: +41 79 543 3804 |
ash.lazenby@glencore.com |
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www.glencore.com
Glencore LEI: 2138002658CPO9NBH955
Notes for Editors
Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. The Group's operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities.
With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 146,000 people, including contractors.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.
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