Glencore to Sell Copper Refinery in the Philippines to Villar Family, Bloomberg Says, Citing Sources

Dow Jones

2025/07/08

--Glencore agreed to sell its copper refinery in the Philippines to the Villar family after a collapse in smelting fees, Bloomberg reports, citing unnamed sources.

--Glencore will sell Philippine Associated Smelting and Refining Corp., or Pasar, to the Villar family, which is headed by real-estate billionaire Manny Villar Jr, Bloomberg reports.

--A spokesperson for Glencore declined to comment while a representative for Villar didn't respond to a request for comment, Bloomberg says.

Full story: https://shorturl.at/RYeOg

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

July 08, 2025 09:47 ET (13:47 GMT)

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