Swedish Stirling signs LOI with Glencore in relation to its Lion smelter
Swedish Stirling and Glencore Operations South Africa Proprietary Limited (Alloys Division) (“Glencore”) have entered into a letter of intent regarding an electricity generation facility to be provided at Glencore’s Lion smelter by the installation of up to 88 PWR BLOKs.Swedish Stirling and Glencore has today signed a letter of intent regarding discussions on a potential electricity generation facility at Glencore’s Lion smelter situated in Steelpoort, South Africa, comprising a possible installation of up to 88 PWR BLOKs corresponding to 35 MW. The parties will now enter into negotiation