core, page-29

SDL's MOU with Core in March 2012 should not be understated and does provide access to a couple of heavy hitters in the industry and which may benefit SDL in any JV/Partnership etc

Not that i see this happening so late in the piece...you would think that Howlong will tie this one up...

Look who is also invested in Core

1. GLENCORE is one of the world's leading integrated producers and marketers of commodities that to industrial customers around the world. Customers in industries such as automotive, power generation, steel production and food processing, rely upon Glencore's established global network of operations as a source of metals and minerals, energy products and agricultural products. These commodities either originate from Glencore's owned production assets or are secured from third parties, and benefit from the refining, processing and marketing expertise of Glencore. Glencore also provides financing, logistics and other supply chain services to producers and consumers of commodities.


2.OAO SEVERSTAL is one of the world’s leading integrated steel and mining companies with listings in Russia and on the London Stock Exchange. Incorporated in 1993, the company focuses on high value added and unique niche products. . Its main steel-making assets are in Russia, the United States and Europe