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JES Int'l switches from mines to forestry

It is buying 51% of Scibois; Mineriver plans put on hold

LOSS-making Chinese shipbuilder JES International, which earlier turned to a Xinjiang mining exploration firm for a new source of income, is now acquiring a controlling stake in an African forestry business.

At the same time, it is putting on hold its investment into Mineriver.

The...

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