Former ArcelorMittal steel mill gets new owner
Aeternus Steel Holdings Ltd, a joint venture between local company Integrus Group and Dubai investors Cassia Group, has won the bid for the now-shuttered ArcelorMittal steel mill in Point Lisas. The winner was announced today. The plant was shuttered in March 2016, beginning liquidation proceedings soon after to pay off its reported $1.3 billion debt …
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