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Increased Stake in Kazzinc - update
25 September 2012
Glencore International plc (Glencore) owns 50.7% of Kazzinc, a major fully integrated zinc producer with considerable copper, precious metals and lead credits. On 14 April 2011, Glencore announced that it had conditionally agreed to acquire up to 48.73% of Kazzinc from Verny Capital pursuant to two agreements (the “Original SPAs”)...