Investor Signals

Mauritania

Date Investing Company Parent Company Source Country Destination Country(s) Industry Sector(s) Industry Cluster(s) Industry Activity(s) Description Signals Contact name Position Email
Nov-2010 Xstrata PLC Xstrata PLC Switzerland Mauritania Metals Physical Sciences   Mining company Xstrata will invest $6bn in Mauritania. The company is
seeking to boost access to ore supplies as prices rise and is close to
completing the $520 million purchase of Sphere after securing
acceptances from more than half of the Australian company’s
shareholders. Sphere’s projects in Mauritania include half of the $1.65
billion Guelb el Aouj development.
Considering Project (New or Expansion)      
Apr-2010 China Minmetals Group China Minmetals Group China Mauritania Metals Physical Sciences Extraction China Minmetals, the country’s largest state-owned metal and mineral
producer and trader, is eyeing iron ore mining projects in the western
African nation of Mauritania to diversify its iron ore supplies. The
company has commenced due diligence of the projects and hopes to clinch
an agreement soon.
Considering Project (New or Expansion) Xu Siwei Vice President