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     Latest News: Glencore plc GLENCORE [GLN]
     Tue, 10 Feb 2026 Media Comment [DM] 
    Glencore - prepayment deal powers copper restart
    According to the Business Report, Glencore secured bulk copper and zinc concentrates from South African junior Orion Minerals' Prieska mine under a USD250 million prepayment agreement. Orion Minerals recently announced that its subsidiary, Prieska Copper Zinc Mine had executed the prepayment deal with Glencore linked to the sale of bulk, copper and zinc concentrates from the asset. However, the deal is subject to precedent conditions that include central bank and other regulatory approvals.
     
     
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