RE:My First Reaction To This NewsGlencore's Bolivian assets, as well as the rest of their South American assets (in Argentina and Peru), have been for sale at least since March.
https://www.metalbulletin.com/Article/3977779/EXCLUSIVE-Glencore-puts-South-American-zinc-silver-mine-portfolio-up-for-salesources.html The article points to two reasons for selling. One is a generational shake-up in their zinc- and lead division, the other is that they
"want to reduce the amount of tail assets, the ones that take a large amount of management time and don't contribute a lot to the profit," And past experiences in Bolivia may also play a part, as they've had assets seized by Morales' government in Bolivia in 2007 and 2012. But it seems things have changed since he lost the election in 2019, and
today's government seem to be more mining-friendly.