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Sumitomo Corp provided financing to the buyers of its 54% stake in Madagascar's Ambatovy nickel operation, smoothing its exit from the loss-making project, three sources familiar with the matter...
Sumitomo Corp plans to sell its majority stake in the Ambatovy nickel project in Madagascar following a review of market conditions. The Japanese trading house said it will divest its 54% interest...
ASX-listed Lindian Resources has signed a binding term sheet to secure 51% ownership of the Sareco mixed rare earth carbonite (MREC) processing facility in Kazakhstan. The MREC facility was...
Japan's Sumitomo Corp said on Wednesday that its Ambatovy nickel and cobalt project in Madagascar remains shut after Tropical Cyclone Gezani struck the island last week, causing damage to...
Industrial equipment supplier BMG repairs Hansen industrial gear units (IGUs) in strict accordance with the manufacturer’s documented procedures, consequently preserving the design tolerances and...
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