investment

Vale and Jinnan investing $600mln in Oman’s iron ore plant

With Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, Vale, a global leader in iron ore production, and China’s Jinnan Iron & Steel Group, known for its expertise in advanced separation technologies, have announced a partnership to establish Oman’s first iron ore concentration plant in SOHAR Port and Freezone. They are […]

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Ussuri Capital Secures €60M in Equity Investment for Romania Flat Steel Production Complex 

Bucharest, Romania — Ussuri Capital, a Turkish investment company, recently revealed that a total of €60 million ($67.09 million) will be funded by equity investment for the construction of the first service center in Romania.  The first phase of the project will require a total investment of €160 million. The untied funds will partially support land […]