12
Oct
01:00
London Mining continues investor talks, JSW could be in frame
Troubled iron ore miner London Mining continues detailed discussions with potential strategic investors, as it seeks to obtain funding for its West Africa mine. The operation in Sierra Leone has been hit by the slump in iron ore prices and the Ebola outbreak.
The firm declined to comment on recent reports that it is close to being acquired by India’s JSW Steel, telling Kallanish it “cannot comment on media speculation”. The acquisition coul…
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Anonymous
Very good overview of the weekly steel market.
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