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Türkiye's Tosyali to establish integrated iron and steel plant in Angola

The Tosyali Holding logo on a piece of paper

Photo by Tosyali Holding

15th August 2024

By: Reuters

  

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Turkish steelmaker Tosyali Holding said on Thursday that it will form a partnership with Angola's state oil company Sonangol to establish an integrated iron and steel plant.

Tosyali's subsidiary in Angola will reactivate the iron-ore mines in the Kassinga region and establish a steel facility in Mocamedes to the south of the capital Luanda as part of the partnership, the company said in a statement.

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Edited by Reuters

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