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Katanga’s Settlement Agreement with Gécamines becomes effective

Baar, Switzerland, 14 June 2018

 

Glencore refers to its announcement on 12 June, 2018 with regard to the Settlement Agreement entered into by Katanga Mining Limited ("Katanga") with La Générale des Carrières et des Mines ("Gécamines") for the resolution of the capital deficiency at Katanga's 75% owned DRC operating subsidiary Kamoto Copper Company.

Glencore confirms that the condition precedent to the Settlement Agreement has now been fulfilled. The Settlement Agreement is therefore unconditional and effective.

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For further information please contact:

Media
Charles Watenphul    
t: +41 41 709 24 62    
m: +41 79 904 33 20    
charles.watenphul@glencore.com

Investors
Martin Fewings    
t: +41 41 709 2880    
m: +41 79 737 5642    
martin.fewings@glencore.com

Ash Lazenby    
t: +41 41 709 2714    
m: +41 79 543 3804    
ash.lazenby@glencore.com


Glencore LEI: 2138002658CPO9NBH955

Notes for Editors
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. The Group's operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities.

With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.

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