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16 Nov
09:37

AVIC considers Tanzanian steel investment

China’s Avic International is mulling a construction materials distribution plant in Tanzania which could eventually benefit from the development of local iron ore reserves, according to local media. Development of the Liganga iron ore deposits is a major goal for the Tanzanian government but progress has been slow, Kallanish notes. Avic Shantui Tanzania, a subsidiary of Beijing-headquartered Avic, plans to begin with a distribution site for cons…
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