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Wednesday, 1 April 2015

NEWS: Australian mining company hopes to Ferrex Togolese authorities

Mining Convention: Ferrex optimistic
The Australian mining company hopes to Ferrex Togolese authorities a mining agreement before the end of the second quarter for manganese mining on the site Nayega (northern Togo) said Tuesday Dave Reeves, the director general.
We study all aspects of this cooperation on the environmental plan, the training of local personnel and fiscal contribution to the Togolese economy Ferrex said Mr. Reeves.
Its objective is to achieve a win-win partnership
Nayega has the double advantage of having a high potential and offer relatively low extraction costs.
According to geological studies on 92,930 hectares, manganese values ​​up to 39% higher than the original estimates.
The company is the 250,000 tonnes exported every year.
Manganese is used for the preparation of alloys such as steel, aluminum, batteries or fertilizers.

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