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Glencore backing Nifty copper production

Trader signs offtake letter-of-intent with Cyprium including pre-payment facility

Michael Quinn
All going to plan, production will return to Nifty next year.

All going to plan, production will return to Nifty next year.

The letter of intent is subject to "finalising outstanding due diligence activities" and is "part of the targeted $240 million to $260 million debt funding package to finance the restart of the Nifty copper...

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