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The colourful Israeli billionaire Beny Steinmetz has finalised two remarkable deals this year: he has sold 51% of his iron ore mining operations in Guinea to Brazil’s Vale for US$2.5 billion and he has just persuaded the Conakry government to export ore from his Zogota and Simandou concessions in the remote Forestiere region via the Nimba-Buchanan railway in Liberia, which is being rehabilitated by ArcelorMittal....

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Keywords:

Israeli, Beny Steinmetz, Guinea, Brazil, Liberia, Lansana Conté, Moussa Dadis Camara, Sékouba Konaté, Mahmoud Thiam, China

Tag Cloud:

concessions(3) government(2) guinea(2) mining(2) nimba-buchanan(3) ore(2) railway(3) rio(2) simandou(3) steinmetz(5) thiam(2) tinto(2) zogota(2)