Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines
Green Car Congress
JUNE 14, 2023
Global commodities group Glencore has committed to subscribe for $100 million in ACG equity as anchor investor and will become an off-taker of choice for ACG, allowing for supply of ACG Electric Metals’ nickel sulfide concentrate to Glencore’s western European and North American refineries. lb nickel for open pit; c.
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