Kobin Mining poised to acquire Kumas

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Kobin Mining poised to acquire Kumas

12 January 2012

by Mike O'Driscoll

Board approval awaits sale of Turkish magnesia and refractories producer

Keywords: Kobin Mining, Kumas, magnesia, refractories, Turkey

A conclusion to the sale of Turkey’s leading dead burned magnesia producer, Kütahya Manyezit Isletmeleri AS (Kumas), appears imminent as owner Savings Deposit Insurance Fund (SDIF) announced the highest bid was now subject to board approval.

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