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Cape Lambert cashes out of Gabon

ASX-listed company sells off minority stake

Daniel Gleeson
Cape Lambert is not getting any returns from its Africa iron ore assets at the moment

Cape Lambert is not getting any returns from its Africa iron ore assets at the moment

The ASX-listed company pocketed A$550,000 (US$400,230) for the sale with executive chairman Tony Sage indicating the divestment was not only linked to the company’s cash needs, but also the out of favour...

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