Metalmin Metals & Minerals goes into liquidation with up to $29m in outstanding debts [AMENDED]

Trading company Metalmin Metals & Minerals has gone into liquidation, owing creditors up to $29 million, and related company Metalmin Metals Worldwide will be placed in liquidation, Metal Bulletin has learned.

Metalmin Metals & Minerals, which was incorporated in Mauritius, wrote to the director of insolvency services in Port Louis, Mauritius, on March 28, saying it was insolvent and could not continue to do business due to its liabilities, according to documents obtained by Metal Bulletin. The company said its shareholders had passed a special resolution saying the company was being wound up voluntarily. It advised that a meeting with creditors would be...

Published

Janie Davies

April 10, 2014

13:24 GMT

London