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Dan Gertler royalties stall $9bn Glencore Congo mining deal
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Dan Gertler royalties stall $9bn Glencore Congo mining deal
A proposed $9 billion deal for two of Glencore's most important copper and cobalt operations in the Democratic Republic of Congo has hit a significant obstacle, with royalty claims tied to sanctioned Israeli billionaire Dan Gertler slowing a transaction that Washington and its partners had positioned as a strategic move to secure Western access to critical minerals.The deal centers on a plan by the Orion Critical Mineral Consortium, a U.S.-backe…
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