By Kemo Cham
A major partnership deal between Sierra Rutile (SRL) and the International Finance Corporation (IFC) has been inked on Monday.
The US$60million equity investment, which is geared towards the expansion of SRL’s operation, gives IFC a 10% stake in the company which mines the Titanium mineral, otherwise called Rutile.
Details of the agreement indicate that the investment will help the company doubles its rutile production from the current 150,000 tons per year and extend the life of its mine to at least 2035.











