Sphere's Guelb el Aouj sale down but not out

SPHERE Investments’ $US375 million ($A424 million) sale of almost 50% of its Mauritania iron ore project, which would also come with a $375 million equity provision, could be in doubt today after the company said it has given the buyers a one-month extension to finalise the acquisition.

Sphere's Guelb el Aouj sale down but not out Sphere's Guelb el Aouj sale down but not out Sphere's Guelb el Aouj sale down but not out Sphere's Guelb el Aouj sale down but not out Sphere's Guelb el Aouj sale down but not out

Sphere, which planned to sell a 49.

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