Glencore Bets on DRC Operations to Drive Copper and Cobalt Growth Strategy
Glencore Expands Focus on DRC Copper and Cobalt Assets as It Targets 1 Million Tonnes of Copper Output by 2028 Glencore is intensifying its investment focus on the Democratic Republic of the Congo (DRC) as part of a long-term strategy to become one of the world’s leading copper producers without relying on large-scale mergers. The company recently ended merger discussions with Rio Tinto that could have created the world’s largest mining group. Instead, Glencore has opted to strengthen its balance sheet and sharpen its portfolio around high-demand transition metals, particularly…
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