Glencore acquires controlling interest in Optimum

Glencore International, a FTSE 100 mining company, has acquired a controlling interest in Optimum Coal Holding.

Glencore International, a FTSE 100 mining company, has acquired a controlling interest in Optimum Coal Holding.

The miner, which already owned a 31.21% stake, purchased a further 36.56% with its local Black Economic Empowerment partner, Cyril Rapmaphosa.

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