PETALING JAYA: Perwaja Holdings Bhd's almost one-year wait to secure an iron ore mining concessionaire has finally ended with the official award of a 243ha concession in Bukit Besi by the Terengganu government, said a source close to the group.
He said the concession would enable Perwaja's unit Perwaja Steel Sdn Bhd to mine iron ore under a mining lease which would be subject for renewal every 10 years, up to 42 years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
