Glencore Said to Close In on Sale of Kazzinc Mining Operations

Glencore Plc is in talks to sell its stake in Kazzinc Ltd. in Kazakhstan to local businessman Shakhmurat Mutalip as part of a series of deals that could reshape the...

By Nariman Gizitdinov, Thomas Biesheuvel, Jack Farchy, Archie Hunter · Bloomberg Markets

Glencore Plc is in talks to sell its stake in Kazzinc Ltd. in Kazakhstan to local businessman Shakhmurat Mutalip as part of a series of deals that could reshape the country’s vast mining landscape.