African Minerals signs US$1.5B deal with Shandong Steel

News by BMI Editorial

African Minerals has signed a deal worth US$1.5B with China’s state-owned Shandong Iron & Steel Group (SISG) under which SISG will acquire a 25% shareholding in the mine, rail and port and power subsidiaries comprising the Tonkolili iron ore project.

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Business Business/Commerce Miscellaneous Materials & Commodities African Minerals China China imports Exports Iron Ore Shandong Iron and Steel Sierra Leone Tonkolili project West Africa

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