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Quote from MMIH in the Business Times highlighting how Mankayan will be the core asset in its portfolio. MMIH is demonstrating a counter cyclical strategy on the Political Risk element of the Philippine's and has built a focused portfolio of assets where it has the time and support to build and realise project value. Commenting on the proposed acquisition, MMIH director, Ashok Agrawal said: "With the inclusion of the Mankayan Project into the planned RTO of China Hongxing, the project will become our main focus as it will be the most valuable mineral resource in our asset portfolio, the closest to development and about to enter the project feasibility stage."
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