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PolyMet Mining Corp. announced today that its independent Special Committee of PolyMet's Board of Directors received a non-binding proposal from Glencore AG to acquire all outstanding shares of PolyMet that it does not already own for cash... - Veroeffentlicht am 03.07.2023
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Swiss commodities giant Glencore moved Monday to take full ownership of PolyMet Mining, a company that's developing a copper-nickel mine in northeastern Minnesota with one of Canada’s largest miners, Teck Resources. Glencore already owns 82% of PolyMet Mining and has long been the project's main financial backer. It offered Monday to pay around $71 million to raise that stake to 100%, which would take St. Paul-headquartered PolyMet private.
Swiss commodities giant Glencore moved Monday to take full ownership of PolyMet Mining, a company that's developing a copper-nickel mine in northeastern Minnesota.