Zanaga Iron Ore to acquire Glencore's stake in Zanaga project

Zanaga Iron Ore Company agreed to acquire Glencore Projects' 50% plus one share interest in Jumelles, which indirectly holds the mining licence for the Zanaga Iron Ore Project in the Republic of Congo, in exchange for a 48.26% stake in ZIOC. The announcement was made on November 23, 2022.

“Proposed acquisition by ZIOC of Glencore Projects' controlling shareholding in Jumelles, indirect owner of the Project.”markets.ft.com

• 1 source
• markets.ft.comAcquisition of 100% of Zanaga Iron Ore Project – Company Announcement - FT.comNov 23, 2022

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