Hernic Ferrochrome in business rescue – Mitsubishi

September 22, 2017

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Ferrochrome producer Hernic has been placed in business rescue, Mitsubishi Corporation said on Friday. The businessrescue of the Japanese subsidiary, Mitsubishi Corporation said in a release to Creamer Media’s Mining Weekly Online, is taking place under the Companies Act, following a comprehensive assessment of financial alternatives by Hernic’s board of directors.

Category: General