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Brazil's CSN Mineracao gets long-term deal to supply iron ore to Glencore

Kitco News

SAO PAULO, Jan 17 (Reuters) - Brazil's CSN Mineracao SA said on Tuesday it has reached a deal for a long-term supply of iron ore to Swiss trader Glencore.

The agreement includes a prepayment of up to $500 million from Glencore for the supply of about 13 million tonnes through four years starting 2024, CSN Mineracao said in a securities filing. (Reporting by Gabriel Araujo; Editing by Steven Grattan)

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