Acquisition by CTYML and Board Appointments

06 Jun 2017

On 25 May 2017 Consmin announced the successful completion of the acquisition of the Consmin Group by China Tian Yuan Manganese Limited, a subsidiary of Ningxia Tianyuan Manganese Industry Co., Ltd. (“TMI”).

As part of this announcement it was stated that Consmin forms a key part of TMI’s growth plans with Consmin and was expected to benefit significantly from TMI’s commitment to invest in the growth of the Company’s operations and in infrastructure and corporate social responsibility (“CSR”) projects in Ghana. The acquisition represents the first step in TMI’s international strategy of further enhancing its leading position as the world’s foremost manganese ore supplier.

Download full announcement here- Acquisition by CTYML and Board Appointments