Glencore sells Mopani stake to ZCCM Glencore subsidiary, Carlisa has signed an agreement to transfer its 90% interest in Mopani Copper Mines to Zambia Consolidated Copper Mines (ZCCM), the owner of the remaining 10% interest in Mopani, for $1 and the transaction debt. Mopani Copper Mine. Image: ZCCMCompletion of the sale is conditional on receipt of certain regulatory approvals in Zambia and on the approval of the shareholders and board of directors of ZCCM, and is expected to occur within the next three months. Mopani has been funded by Carlisa and other members of the Glencore group. On completion, $1.5bn of debt (transaction debt) will remain owed by Mopani to Glencore group creditors on the following terms: