One of the largest steel manufacturer, Tata Steek plan investments in the mining sector in South Africa and Vietname. This plan to support the development of production of steel from Tata Steel.

Annual report submitted by Tata Steel, “We have a choice in the South African iron ore mine to enter into a partnership with the promoters. This project is under evaluation.”

Investment plans in Vietname, Tata Steel will also take a minority stake in iron ore mine in Vietnam to feed the proposed steel unit in JV there. . “Tata Steel will take a 30 percent share in Thạch Khe iron ore mine is about 60 km from the steel project, laporan”tambahnya.

Steel in 2007 entered into an agreement with Vietnam Steel Corporation to create a mill. Tata Steel will have a 65 percent stake in the JV. South Africa will be mine, especially its food European steel company Corus is the lack of raw material security.

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