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China’s Sichuan Hongda signs $3bn Tanzania coal, iron deal

Mbendi | September 23, 2011 | 9:32 am Energy China Europe Coal Iron Ore

China’s Sichuan Hongda has signed a $3-billion deal with Tanzania to mine coal and iron-ore in the resource-rich east African country, local media said on Thursday.The investment involves construction of the Mchuchuma integrated coal mine, a 600-megawatt