Gecamines offers $1 million to block Chinese deal with cobalt miner Chemaf
Chemaf agreed to sell its assets to Chinese defence and industrial giant, China North Industries Corp, or Norinco in June.
Liaoning Province based Chinese steel producer Benxi Iron and Steel Corporation has announced that it plans to expand its stainless steel production capacity to 800,000 tonnes by 2015. Benxi Steel also announced that it plans to carry out the expansion