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 The first phase of the project, which is targeted to produce 40,000 tonnes of ferrochrome annually, will be set up in Selous. The company recently said the project would require 100,000 tonnes of chrome ore and 24,000 tonnes of coke annually. “Most of the raw materials for the processi . . .

Africa Standard Chartered Private Equity head Yemi Osindero said, “We are excited to have invested in a long-term Standard Chartered client that has become a fast-growing manufacturing company. “From its initial production plant in Nigeria, GZI has followed a very profitable growth path . . .

 According to Reuters, Guinea’s minister for mines and geology, Mohamed Lamine Fofana, said the deal included a US$4bn contract for building an alumina refinery and port and a US$1bn agreement to extract and export bauxite to the UAE. Fofana added, “The bauxite will be ready for ex . . .

 Saudi Arabian conglomerate SABIC, which is 70 per cent-owned by the government and has interests in chemicals production, fertilisers, industry polymers and metals, has been exploring the Atomai Mines in Zouerate, northern Mauritania and has been conducting a series of feasability studies. The . . .

 Aganga noted that the initiative was in line with the Nigeria Industrial Revolution Plan (NIRP), which has been strategically developed and linked with sectors of the economy where the country currently has competitive and comparative advantage such as mines, steel and agri-business. "What we . . .