Manhattan Resources expands into mining
Company has made announcements related to exploration and mining in Xinjiang
COAL shipping firm Manhattan Resources is set to live up to its name and become more of a resources company.
The coal logistics business has so far provided stable returns, "but I want to bring this company to the next level", its chief executive and managing director David Low told The Business Times. "We want to transform this into a mining company."
Already, the mainboard-listed company has made a raft of mining-related announcements in recent months.
TRENDING NOW
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents
Keppel’s M1 sale stalls as IMDA probes alleged spectrum breaches by Simba