Lanxess AG (Cologne, Germany; www.lanxess.com) sold its 74 percent stake in its Rustenburg chrome ore mine, South Africa to Clover Alloys (SA) Proprietary Ltd., a South African chrome fine ores provider. All firms reached a binding deal on November 15, 2019. The sides agreed not to reveal the value of the purchase. The exchange is subject to the authorization of the authorities concerned. Lanxess expects to conclude the expected sale by the en....
Tags : Lanxess AG, South African, Chinese company, Brother Enterprises, Roessel,
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