Metals
Liberia opens first steel factory
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President George Manneh Weah has inaugurated Liberia's first steel factory, expressing hope about foreign investors’ interest in the Liberian economy
World Bank launches fund to support sustainable mining
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The World Bank has launched a climate-smart mining facility, a multi-million fund that aims to support sustainable extraction and processing of minerals used in clean energy technologies such as wind, solar power, batteries for energy storage and electric vehicles
Liberia signs MoU with Niron for iron ore export project
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The Government of the Republic of Liberia and Niron Metals Plc have signed an MoU, regarding the passage through Liberia of iron ore from the Zogota iron ore deposit in the Republic of Guinea
MENA steel demand is set to recover in 2020, reports worldsteel
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Global steel demand is projected to reach 1,735 mt in 2019, up 1.3 per cent from 2018, and 1,752 mt in 2020, according to a report by the World Steel Association (worldsteel)
Raysut Cement eyes US$100mn takeover of Kenya’s ARM Cement
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Oman’s one of the leading cement manufacturers Raysut Cement Company is planning to acquire ARM Cement of Kenya, a move that is in line with Raysut’s strategy to expand businesses in East and Central Africa
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