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Reuters reported Trafigura and Origo Partners Plc. (LSE:OPP) have formed a 50:50 joint venture to develop Mongolian coal and iron ore deposits.
Reuters reported Trafigura and Origo Partners Plc. (LSE:OPP) have formed a 50:50 joint venture to develop Mongolian coal and iron ore deposits.
As quoted in the market news:
Trafigura-Origo MGL will invest in a number of already identified Mongolian iron ore and coal exploration projects and target further high-grade deposits, the companies said on Monday in a joint announcement.