Sierra Leone Govt takes over Shandong's assets
By Mohamed Jaward Nyallay The Government of Sierra Leone has taken over the assets of Tonkolili Iron Ore Limited (TIO), a subsidiary of Chinese miner, Shandong Iron and Steel. The takeover comes after the government invoked Section 50 of the 2009 Mines and Minerals Act after the company failed to meet its tenancy agreement. The takeover ends a five year stint of the Chinese
Source: politicosl.com