19 Apr

IMIC’s Strategic Partner AIOG Signs Cooperation Agreement with China Railway Group

International Mining and Infrastructure Corporation plc ("IMIC" or "the Company") (AIM: IMIC) notes today’s announcement by its strategic partner African Iron Ore Group Limited (“AIOG”) regarding its cooperation agreement with China Railway Group Limited (“CREC”) to provide infrastructure solutions in Guinea and Africa.

Commenting on AIOG’s announcement, Haresh Kanabar, Chairman of IMIC, said “The partnering between AIOG and the world’s third largest civil construction enterprise CREC is an important step in the formation of an A-list consortium to provide the critically needed infrastructure solutions to the emerging African iron ore sector. The provision of appropriate structured financial support to the infrastructure projects underlines their commitment to the partnership.”

Full announcement...