28
Jun
16:57
China’s Norinco to acquire DRC cobalt miner Chemaf
Norin Mining Kingco, a subsidiary of Chinese miner Norin Mining, has agreed to acquire Democratic Republic of Congo-focused cobalt miner Chemaf Resources (CRL), Kallanish reports.
As a part of a strategic review, Chemaf put itself for sale last year due to financial constraints that impacted the progress of its two projects in the DRC.
The Trafigura-backed company has been focusing on the expansion of its Etoile mine in Katanga province, alongside the development…
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Anonymous
Very good overview of the weekly steel market.
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