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Glencore bets on copper with $21M investment in Brazilian producer

Andrew Topf | July 23, 2017 | 4:53 pm Base Metals Latin America Copper 

Glencore (LON:GLEN) has placed a multi-million-dollar bet on copper by investing just over US$21 million (GBP 16.16 million) into Brazilian copper producer Paranapanema (PMA). The Swiss commodities trader and miner said on Friday that the agreement will help Paranapanema to support its...

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