It’s reported that Afferro Mining inked an agreement with Korean Posco to develop mines in Cameroon.
In February 25th, the two companies signed a memorandum of understanding (MoU) to develop three iron mines Nkout, Ntem and Akonolinga.
It’s known that the Nkout mine is expected to produce 15 million~35 million tons per year.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63368&division=A9
