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Tuesday 8:44 AM Glencore (GLCNF.PK) indirectly boosts its stake in Congolese copper and cobalt company Mutanda Mining to 60% through two stake purchases for $340M. The deals move the commodities giant closer to merging its Congo mining operations into a combined entity able to produce 160K tons of copper cathode a year and 23K tons of cobalt in hydroxide by 2013.
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