Glencore completed the acquisition of a 66.66% stake in Correjon mine joint venture from BHP and Anglo American for $588m.

Glencore, a global diversified natural resource company, completed the acquisition of a 66.66% stake in Correjon mine joint venture from BHP, a mining company, and Anglo American, a mining company, for $588m. “Glencore has been involved with Cerrejón for more than 20 years. We know the asset well and believe that we are the most responsible steward for Cerrejón at this stage of its lifecycle," Ivan Glasenberg, Glencore CEO.