Opuwo cobalt project sold to Chinese company
Celsius Resources will sell its copper-cobalt project at Opuwo to a Chinese mining company for N$250 million. Australian-listed Celsius announced the sale of the Opuwo project in the Kunene region to Chinalco (Xiong’an) Mining yesterday. “Celsius is delighted to have concluded an agreement with an entity of Chinalco (Xiong’an) Mining’s international standing and reputation. We […] The post Opuwo cobalt project sold to Chinese company appeared first on The Namibian .
Celsius Resources will sell its copper-cobalt project at Opuwo to a Chinese mining company for N$250 million.
Australian-listed Celsius announced the sale of the Opuwo project in the Kunene region to Chinalco (Xiong’an) Mining yesterday.
“Celsius is delighted to have concluded an agreement with an entity of Chinalco (Xiong’an) Mining’s international standing and reputation. We believe that Chinalco (Xiong’an) Mining is well positioned to progress the Opuwo project, which will deliver substantial benefits to Namibia and the local community,” Celsius managing director Bardin Davis said.
