News
28 August 2024

PIF-backed firm bids for 15% stake in Reko Diq

In:
Metals and Mining
Region:
Asia-Pacific

Manara Minerals, backed by the Saudi Arabian sovereign fund PIF is bidding for a 15% stake in Pakistan’s Reko Diq mining project in a deal that could see an investment of $1 billion.Manara Minerals has reportedly made an offer which involves both cash for shares and a grant to build...

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