Austrian investor eyes Tati Nickel

Wednesday, August 07, 2024 | 3440 Views |

Golden years: Tati Nickel was the bastion of the Francistown economy prior to 2016

Austrian mogul, Cevdet Caner, is exploring the possible purchase of Tati Nickel, the base metal mine that closed in 2016 as part of the wider BCL Ltd group.

According to information shared by the presidency on Wednesday, Caner met with President Mokgweetsi Masisi, Minerals and Energy minister, Lefoko Moagi, and other senior government officials on Tuesday.

Caner’s wholly owned investment group, NIU Invest is reportedly studying a possible offer to buy Tati Nickel, Moagi told state television in a brief interview. The minister said further details of the proposed deal could not be revealed as discussions continue.

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