Sabic & Qatar Steel Sign MOU For Iron Ore Project In Mauritania
Leading industrial companies from the Gulf Region, Saudi Basic Industries Corporation ("SABIC") and Qatar Steel Company ("Qatar Steel") have today signed in Nouakchott, Mauritania a historic Memorandum of Understanding ("MoU") with the Mauritanian iron ore producer, Societe Nationale Industrielle et Miniere ("SNIM"), and its partner, Sphere Investments Ltd ("Sphere").