Glencore announces expression of interest for Optimum Coal Holdings Limited
posted:
01/09/2011
Glencore announces expression of interest for Optimum Coal Holdings Limited
1 September 2011
Glencore International plc ("Glencore") today announces its expression of interest in acquiring a controlling interest in Optimum Coal Holdings Limited ("Optimum", JSE:OPT), one of the largest producers of thermal coal in South Africa, through a consortium with its local Black Economic Empowerment partner, prominent South African businessman Cyril Ramaphosa.