Mining UAE’s IRH to buy stake in Congo tin miner Alphamin By Reuters June 5, 2025, 10:10 AM Reuters/Zohra Bensemra Mining in the Republic of Congo International Resources Holding (IRH) said on Wednesday it will acquire a controlling stake in major tin producer Alphamin Resources for C$503 million ($367 million), a significant expansion into critical minerals for the Abu Dhabi-based mining company. IRH will purchase approximately 719 million shares, representing a 56 percent stake from Tremont Master Holdings at C$0.70 per share, according to a joint statement. “Alphamin’s strong production profile aligns with our strategy of securing interests in high-quality mining assets with long-term growth potential,” IRH CEO Ali Alrashdi said in a statement. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
