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Noble raises stake in Mongolian railway firm
Add BT as a preferred sourcePublished Thu, Dec 28, 2017 · 09:50 PM
Singapore
Noble Group has bought an additional 10 per cent stake in Northern Mongolian Railways Limited (NMRL), a subsidiary of Australia-listed Aspire Mining Limited, for US$1.4 million.
NMRL owns a concession to build, operate and transfer a railway line in Mongolia through its wholly-owned subsidiary Northern Railway LLC.
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