M&A

Sphere grants Askaf sale option

GLENCORE subsidiary Sphere Minerals has granted Al Rawda Resources an option to purchase 80% of its stalled Askaf iron ore project in Mauritania.

Jack McGinn
Sphere grants Askaf sale option

Under the agreement between the pair, Al Rawda will have an exclusive three-month period to undertake due diligence, after which it may agree to purchase 80% of the Sphere subsidiary holding the project....

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