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23 Apr

Ahmsa to recover mining unit from bankruptcy

Altos Hornos de México (Ahmsa) has presented to the Commercial Insolvency Court an agreement with its creditors to resume operations of its mining arm Minera del Norte (Minosa), Kallanish notes. The subsidiary was declared bankrupt in January 2023. “With the favourable vote of 91.25% of the registered creditors, the agreement was presented to Judge Saúl Martínez Lira, who in terms of the law, once reviewed, must issue the resolution that…
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