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New World goes to the Congo

FORMER magnesium hopeful Mt Grace Resources, now known as New World Alloys, has formed a joint venture in the Democratic Republic of Congo that's targeting annual copper production of nearly 10,000 tonnes.

Michael Quinn
New World goes to the Congo

The 50:50 joint venture sees NWA committing to the transfer and establishment of two cupola furnaces currently in South Africa to Lubumbashi, and local partner TSM Enterprise contributing land, infrastructure,...

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