Congo’s Gecamines offers $1 million to block Chinese deal with Chemaf
Chemaf agreed to sell its assets to Chinese defence and industrial giant, China North Industries Corp, or Norinco in June.
CNNMoney.com reports that LONDON, Apr. 11, 2008 (Thomson Financial delivered by Newstex) — Bateman Engineering N.V. said it has won a contract valued at about 348 million South African rand ($44.6 million) from BHP Billiton (NYSE:BHP) Energy Coal South Africa Ltd. for the supply of two stockyards as part of the coal handling infrastructure for its Douglas-Middelburg Optimisation Project located in Mpumalanga, South Africa.
Work is expected to start shortly and the project is due to be completed by the first half of 2010, it added.
