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Sichuan Road&Bridge Co Lt A / Equity Bottom-Up

<ul><li>State-owned infrastructure construction firm Sichuan Road and Bridge Group Co. Ltd. (SRBG) is planning to acquire a 50% stake in a major potash mine in East Africa in its latest push into the mining industry.</li><li>Chengdu-headquartered SRBG has signed a $166 million deal to acquire half the stake in the Colluli Potash Project in Eritrea from Australian fertilizer developer Danakali Ltd.</li><li>Once the deal is finalized, the Colluli potash mine will be SRBG’s second mining project in Eritrea</li></ul>

State-owned infrastructure construction firm Sichuan Road and Bridge Group Co. Ltd. (SRBG) is planning to acquire a 50% stake in a major potash mine in East Africa in its latest push into the mining industry.Chengdu-headquartered SRBG has signed a $166 million deal to acquire half the stake in the Colluli Potash Project in Eritrea from Australian fertilizer developer Danakali Ltd.Once the deal is finalized, the Colluli potash mine will be SRBG’s second mining project in Eritrea

State Construction Firm to Buy 50% of East African Potash Mine

China

Sichuan Road & Bridge Co., Ltd. undertakes heavy construction projects and provides related technical consulting services.  The Company constructs roads, bridges, and tunnels.

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Sichuan Road&Bridge Co Lt A (600039 CH)

State Construction Firm to Buy 50% of East African Potash Mine

State-owned infrastructure construction firm Sichuan Road and Bridge Group Co. Ltd. (SRBG) is planning to acquire a 50% stake in a major potash...

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