Orion and Glencore Copper-Zinc Deal
Update: 2025-09-17
Description
Orion Minerals just landed a potential game-changer: a $250M deal with Glencore to jumpstart its South African copper-zinc project! This funding hinges on Glencore's due diligence, but it includes a sweet perk for Orion: Glencore will buy all the mine's copper and zinc for up to 10 years. With construction slated to start ASAP, Orion's eyeing its first cash flow, but they're also keeping other funding options open.
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