[Ferro-Alloys.com]The Competition Commission has recommended to the Competition Tribunal that it approve, without conditions, a transaction that would see mining holding group Assore acquiring African Rainbow Minerals’ 50% stake in the Dwarsrivier Chrome Mine (DCM), in Mpumalanga. Post-merger, Assore would have sole control over DCM. Assore, through its various joint venture entities and subsidiaries, was involved in the mining of manganese, iron-ore and chrome ore together, with other industrial minerals and the manufacture of manganese and chrome alloys. DCM supplied chrome ore to the global market.
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- [Editor:sunzhichao]
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