Glencore International has, through subsidiaries, entered into a share purchase agreement to acquire Vale’s European manganese ferroalloys operations for $160 million. The completion of the transaction is subject to the fulfillment of certain conditions precedent.

Located in Dunkirk, France, and Mo I Rana, Norway, the operations currently have the capacity to produce 150,000 metric tons per year (mt/y) and 110,000 mt/y of manganese ferroalloys, respectively. This is the first time Glencore has expanded into manganese production, strengthening its marketing offer as well as complementing the department’s existing production of other ferroalloys.

Resource Center Whitepapers, Videos, Case Studies

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.