Hebei Xinjian Construction to acquire African Tantalum from Kazera Global for $13m.

Hebei Xinjian Construction, a construction company, agreed to acquire African Tantalum, a mining company, from Kazera Global, an investment company, for $13m. "This is a hugely significant moment for Kazera, and I am very pleased to announce this sale delivering $13m in cash to the Company. We have been working with Xinjian under the JV since July and are confident in their ability to progress the asset through its next development phase, whilst we retain exposure to its growing cash flow profile through the debenture stream," Dennis Edmonds, Kazera CEO.