|Date||Investing Company||Parent Company||Source Country||Destination Country(s)||Industry Sector(s)||Industry Cluster(s)||Industry Activity(s)||Description||Signals||Contact name||Position|
|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|