By Lennart Dodoo, [email protected]Western Cluster Limited – Its BeginningWestern Cluster Limited is a subsidiary of Elenilto Minerals & Mining, an international mining and exploration group. In 2008, Delta Mining Consolidated won a US$1.5 billion bid to develop the Western Cluster Iron Ore Deposit in Liberia. Sesa Goa Limited, a subsidiary of Vedanta PLC, acquired 51% of Western Cluster Limited from Elenilto for US$90 million in a ‘flip’ deal. Boakai who does not see the essence of the company in the country and has threatened to close Western Cluster Limited. Boakai said, “I just met the lawyer for Western Cluster this morning and I told him we’re going to close them down.

Source: Front Page Africa May 01, 2024 20:49 UTC