Hong Kong-based trader lifts ConsMin stake

INTERNATIONAL commodity trader Noble Group has moved to strengthen its long-standing relationship with Consolidated Minerals by increasing its shareholding in the Perth-based manganese producer from its current 13.5% stake to 19.95%.

Hong Kong-based trader lifts ConsMin stake Hong Kong-based trader lifts ConsMin stake Hong Kong-based trader lifts ConsMin stake Hong Kong-based trader lifts ConsMin stake Hong Kong-based trader lifts ConsMin stake

Noble, which is ConsMin's exclusive marketing agent in China and currently handles its manganese sales into that country under a five-year sales contract, has taken up a placement of 5.

loader