Glencore, a Swiss commodities company with a controlling stock interest in PolyMet, is the major financier of the mining company, which has no current income. Some say that it’s unclear whether Glencore would have any legal responsibility for long–term pollution control costs. However, it is quite clear that Glencore would not under any circumstances accept that type of liability, it’s not there STYLE or history.
Would you trust your valuable resources to Glencore? Check out the founder of Glencore, Marc Rich. This political intrigue and chicanery is more House of Cards than the TV series could hope to be, sorry Kevin.
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