Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Chinese steel company Shandong Iron and Steel Group said it had acquired the remaining 75% stake in the Tonkolili iron-ore mine in Sierra Leone from the mining company African Minerals for over $170-million. Shandong now has 100% of equity in Tonkolili, and will also own the associated infrastructure company African Port and Railway Services, it said in a press release.
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