Yuxiao Fund is controlled by Chinese businessman Wu Tao, whose company, Africa Great Wall, is a big player in mineral sands mining in Mozambique and a supplier of ilmenite into China.
Iluka’s core business is minerals sands and Africa Great Wall is a rival in ilmenite supply.
Rare earths boss targeted by Chinese-linked shareholder comes via ChinaTechNews.com.
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China’s funding fails to lift small companies gloomYuxiao Fund is controlled by Chinese businessman Wu Tao, whose company, Africa Great Wall, is a big player in mineral sands mining in Mozambique and a supplier of ilmenite into China.
Iluka’s core business is minerals sands and Africa Great Wall is a rival in ilmenite supply.
Rare earths boss targeted by Chinese-linked shareholder comes via ChinaTechNews.com.
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