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Glencore is in negotiations to sell a 40% stake in its copper and cobalt assets in the Democratic Republic of Congo, estimated at around $9 billion, including debt. The company has signed a letter of intent with Orion CMC, supported by the U.S. International Development Finance Corporation, which would allow Orion to sell a portion of the production from the Mutanda Mining and Kamoto Copper operations, enhancing the supply of critical minerals to the U.S.