Glencore Xstrata Sells Las Bambas Copper Mine to China's MMG for $5.9 Billion

ISTANBUL--April 17, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Glencore Xstrata (LSE:GLEN) (Baar, Switzerland), the world's largest commodities trading company, has announced the sale of its copper mine project in Las Bambas, Peru, to a Chinese consortium for $5.85 billion in cash.