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Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to...
Mining Engineering Online
Mining Engineering Online
China Baowu Steel Group (Baowu) has raked in CNY10bn ($1.4bn) through a bond issue, a major chunk of which will be used to fund the Simandou iron ore project in Guinea, according to a Reuters report.
The world's largest steelmaker China Baowu Steel Group has raised 10 billion yuan from a bond issue, in part for the giant Simandou iron ore project in Guinea, it said on Monday. The...