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LANXESS SELLS ITS STAKE TO CLOVER ALLOYS IN CHROME ORE MINE IN SOUTH AFRICA
Lanxess AG (Cologne, Germany; www.lanxess.com) sold its 74 percent stake in its Rustenburg chrome ore mine, South Africa to Clover Alloys (SA) Proprietary Ltd., a South African chrome fine ores provider. All firms reached a binding deal on November 15, 2019. The sides agreed not to reveal the val...