Glencore to honour pre-existing Russia contracts, no new deals

31.03.2022

Global mining and trading Glencore, which owns and operates Kazakhstan’s Kazzinc combine, said on Wednesday it had "no realistic way to exit" its stakes in Russian company En+ Group and state oil firm Rosneft after reviewing its business ties.

The London-listed miner added in the statement that it would "not enter into any...