Chinese funding for Congo potash

By Mark Watts
Published: Tuesday, 02 February 2010

MagIndustries gains China backing to develop 1.2m. tpa Mengo potash project

Canadian potash explorer MagIndustries Corp. has entered an agreement with China National Complete Plant Import & Export Co. Ltd (COMPLANT) to finance and develop its potash project in the Republic of Congo, West Africa.


COMPLANT will provide a $1,200m. loan, repayable over a minimum of ten years, and has been...

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