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The Nexus
BUSINESSAug 17 · 03:36 UTCBLOOMBERGYoukyung Lee

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

Export-Import Bank of Korea will provide a $1 billion loan to Glencore Plc. This arrangement is structured in exchange for copper supply, which will benefit South Korean companies as the country aims to secure raw materials necessary for the artificial intelligence boom.

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Korea EximbankorganizationGlencoreorganizationSouth Korean companiesorganizationcopper supplytopicartificial intelligence boomtopic
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Korea Eximbank to Lend $1 Billion to Glencore for Copper Supply · The Nexus