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Western Areas buys Glencore's Cosmos

WESTERN Areas shares rose this morning on news it will acquire Glencore's Cosmos nickel operation...

Kristie Batten
Western Areas buys Glencore's Cosmos

The company will pay $11.5 million upfront, with $7 million due within nine months of completion and a further $6 million to be paid 18 months after the deal is finalised. Glencore also gets offtake rights...

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