Shareholders of Romanian alumina producer Alum Tulcea, 99% controlled by aluminium smelter Alro, decided on July 10 to sell its bauxite mines in Sierra Leone after receiving an unsolicited offer from a local investor two months ago.

The offer came from a local investor who showed interest in acquiring Global Aluminium Limited – the local subsidiary of Alum, Economica.net reported.

Source: Romania Insider