CAPITAL MARKETS

Hong Kong-based trader lifts ConsMin stake

INTERNATIONAL commodity trader Noble Group has moved to strengthen its long-standing relationship with Consolidated Minerals by increasing its shareholding in the Perth-based manganese producer from its current 13.5% stake to 19.95%.

Greg Tubby

Hong Kong-based trader lifts ConsMin stake

Noble, which is ConsMin's exclusive marketing agent in China and currently handles its manganese sales into that country under a five-year sales contract, has taken up a placement of 5.4 million ConsMin...

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