Tewoo into Africa

Standard by BMI Editorial

China’s Tianjin Minerals and Equipment Group (Tewoo) is to buy a 10% stake in the Tonkolili iron ore project in Sierra Leone from British firm African Minerals. In addition, Tewoo, will buy a 10% share in African Minerals, giving it an effective 16.5% equity stake in Tonkolili.

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Business Business/Commerce Miscellaneous In-Depth Materials & Commodities Mergers/Acquisitions/Restructuring African Minerals Iron Ore

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