Mining
The financial crisis impacted the business requiring it to divest of all of its South African assets leaving it focused as a base metal miner in Africa . Its fortunes have turned around somewhat dramatically following its acquisition by the China state owned entity , Jinchuan Group , which is providing the capital and support for its varied investment projects .
Metorex officially ceased trading on the Johannesburg Stock Exchange in January 2012 and in November 2013 , Jinchuan successfully incorporated Metorex into Jinchuan Group International Resources Company Ltd , a Jinchuan subsidiary listed on the Hong Kong Stock Exchange .
“ From that point onwards Metorex became Jinchuan ’ s African platform to develop further
Ruashi is a copper and cobalt mine in Katanga province , located within the Democratic Republic of Congo
www . metorexgroup . com 95