10
Jan
16:01
Chinese investors assess prospective Mozambique steelworks
Potential Chinese investors in Tete Steel are carrying out due diligence on the prospective Mozambique-based steelworks, an official at Tete owner Baobab Resources tells Kallanish. Construction of the plant is due to break ground as soon as funding is secured.
Last month Baobab signed an agreement with the Mozambican government to allow it to begin mining – subject to certain conditions – its 750-million-tonne iron ore resource adjacent to the prospe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous