Sale of Joe White Malting to Cargill

RNS Number : 9036K

Glencore Xstrata PLC

05 August 2013

 



Baar, Switzerland

Sale of Joe White Malting to Cargill

5 August, 2013

Glencore Xstrata plc ("Glencore") confirmed on 5 August 2013 that it has entered into an agreement to sell Joe White Maltings, Adelaide, Australia ("Joe White"), to Cargill, Incorporated ("Cargill").

Joe White was acquired by Glencore as part of the Viterra acquisition. The sale is subject to standard regulatory approvals and satisfaction of other customary closing conditions and is expected to close by the end of Q4.

For further information, please contact:

John Burton (Company Secretary) t: [phone] m: [phone] [e-mail] Charles Watenphul (Media) t: [phone] m: [phone] [e-mail] Martin Fewings (Investors) t: [phone] m: [phone] [e-mail] Finsbury (Media) Guy Lamming Dorothy Burwell t: [phone]

About Glencore Xstrata

Glencore Xstrata is one of the world's largest global diversified natural resource companies. As a leading integrated producer and marketer of commodities with a well-balanced portfolio of diverse industrial assets, we are strongly positioned to capture value at every stage of the supply chain, from sourcing materials deep underground to delivering products to an international customer base.

The Group's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. Our diversified operations comprise over 150 mining and metallurgical sites, offshore oilproductionassets, farmsand agricultural facilities. We employ approximately 190,000 people, including contractors.

 

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