Shareholders in the Tshipi manganese ore mine in South Africa have cancelled plans for a sale or listing of the asset, as 49.9% owner Jupiter Mines said it is considering its own strategic options.
Jupiter announced in March it had appointed Bank of America Merrill Lynch as a financial adviser with a view to selling or listing Tshipi, and in June a list of 10 bidders, including four well-known ferro-alloys companies, was narrowed down to about...
