Glencore Plc has abandoned plans to sell its share in Kazzinc, having not received an adequate offer.
Glencore intended to leave the business where it owned 70% of shares with the Chinese companies demonstrating interest.
In 2023, Kazzinc produced 173.9 thousand tons of zinc, 35.6 thousand tons of lead, 14.8 thousand tons of copper and 598 thousand ounces of gold. (Ukrainian metal)
