Mining News

Afrimat further diversifies with Glenover Phosphate acquisition

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Industrial minerals and construction materials provider Afrimat has acquired mining and fertiliser company Glenover Phosphate for R550-million, comprising R250-million for the assets and an option, at Afrimat’s sole discretion, to buy 100% of Glenover’s shares for R300-million. Glenover is located 90 km northwest of Thabazimbi in the Limpopo province.

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