Published Aug 16, 2026, 11:36 PM ET · Updated 3 months ago · 2 sources

Korea Eximbank to Lend $1 Billion to Glencore for Copper Supply

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bloomberg
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Original Report

Export-Import Bank of Korea will lend $1 billion to commodities giant Glencore Plc in exchange for copper supply to South Korean companies, as the country seeks to secure raw materials needed for the artificial intelligence boom.