Baobab plans to invest a new pig iron mill in Mozambique.

It's known that new plant is defined at Tenge/Ruoni in Mozambique, firmly establishing the prospect area as a standalone asset.

This project will make the plant to become the biggest pig iron producer. Baobab is also thinking to cooperate with other steel makers to build the planned pig iron smelter and ArcelorMittal South Africa might be the potential one.