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Proposed Sale of Las Bambas Copper Mine Project
16 July 2013
In accordance with the Merger Remedy Commitments made to the Ministry of Commerce of the Peoples' Republic of China ('MOFCOM') on 12 April 2013 (the “Remedy Commitments”) Glencore Xstrata today announces the commencement of a process to sell its entire interest in the Las Bambas copper mine project in Peru. Glencore Xstrata has appointed BMO Capital Markets Limited (“BMO Capital Markets”) and Credit Suisse Securities (Europe) Limited (“Credit Suisse”) to act as financial advisors in connection with the sale process.