Red Rock acquires 30% stake in Bosnia alloy producer

June 23, 2017

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Red Rock Resources has entered into agreements to acquire a 30% interest in strategic alloy producer Steelmin and to fund the completion of refurbishment and recommissioning of Steelmin’s ferrosilicon smelter in Jajce, Bosnia. Red Rock has agreed to provide Steelmin with a €3.8-million eight-month secured loan note.

Category: General