Korea Eximbank hands Glencore $1B to secure copper supply

What's the deal? The Export-Import Bank of KoreaDealroom has a profile for this one. Try Dealroom → is providing $1 billion in debt financing to GlencoreDealroom has a profile for this one. Try Dealroom →, announced on 17 August 2026. The funds will support Glencore's general working capital, while Glencore will commit to stable copper supplies for South Korean companies during the financing term.

Why now? Copper is an essential material for strategic industries including artificial intelligence, the energy transition and power grids, making supply security a priority.

Read more: Edaily

Image credit: Golda Fuentes