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InterestingA consortium of three Chinese companies signed a...

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    Interesting

    A consortium of three Chinese companies signed a memorandum of understanding with Algerian National Iron and Steel Co on March 30 to exploit iron ore in the North African country, the Xinhua News Agency reported. The consortium, composed of Metallurgical Corp of China, China International Water and Electric Corp and Hunan Heyday Solar Corp, will carry out a feasibility study on the exploitation of the Gara Djebilet iron ore deposit in western Algeria. Apart from Algeria, it's reported that the Republic of Congo has signed two mining deals with a Chinese company named Sangha Mining to exploit iron ore on licenses that the government of Congo withdrew from Australian miners last year.

    https://www.globaltimes.cn/page/202104/1220245.shtml

    Really - DYOR
 
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