Bloomberg reported that talks are almost finished between Gecamines and George Forrest Group to purchase OM Group Inc.’s Big Hill project.
As quoted in the market report:
Gecamines and closely held George Forrest Group are also near to wrapping up talks with Cleveland-based OM Group (OMG) to take over its stake in the so-called Big Hill project, an operation which refines cobalt tailings in Lubumbashi, the capital of Katanga province, Kalej said.
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