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Sajjan Jindal Talk With Australian Mining Firm To Joint Venture Exploration and Mining of Coking Coal in Queensland
Sajjan Jindal-led JSW Steel has initiated talks with an Australian mining firm to form a joint venture for exploration and mining of coking coal in Queensland, Australia, said a person who is mediating in the proposed venture.
Vedanta Group, Mining Companies Golden Steps in Mining and Metal Industry
India’s Vedanta group is scripting a success story in mining sector with its brave decisions to acquire new companies even though the global meltdown has wreaked havoc in metal sector.
Vedanta Group Plans To Expand Mining Exploration and Production in India
Vedanta Group plans to pump in USD 13.514 million in India by 2011-12, in its goal to make it the company world’s fifth largest metal and mining entity.
Vedanta Group Plans To Invest in Copper Mine, Iron Ore and Other Mining Exploration Sector
London based Vedanta Group plans to pump in Rs 700 billion in India by 2011-12, in its goal to make it the company world`s fifth-largest metal and mining entity, reports Business Standard.
TATA Steel Plans Expand Seek Partnership Iron Ore Mine Company
BS reported that TATA Steel plans to become a partner in Canada based New Millennium Capital Corp’s USD 4 billion KeMag property, having iron ore reserves in excess of two billion tonnes.
Global Mining Companies Plans Expansions Iron Ore Mine Output
Global iron ore prices are set to decline sharply in 2009 as demand for the steelmaking ingredient shrinks dramatically as a result of deepening world economic recession.
Chiria Mines Hand-Over to SAIL Urgent For India Steelmaker Sector
Delivery of Chiria mine project from government Jharkhand to SAIL gets serious attention of parliamentary consultative committee
Processing delivery of iron ore mine must be done swiftly caused by request increase to steel. SAIL hopes delivery of exploration development project of this mine will increase capacities produce of SAIL. Planning made by by SAIL, this [...]
Analysis Industry Steel And Fluctuation Of Demand And The Price Of Steel Sale
Citinank analysts, steel consumption is likely to grow but at a moderate pace over the next two years.
While contract prices have declined given the recent fall in international prices, they are still higher on a year-on-year basis.
Meanwhile, domestic steel companies are likely to continue acquisitions abroad, focusing on the mining sector, in an effort to [...]
India Steelmaker Companies Wins Exploration Rights 100 Million Iron Ore Reserve In Chhattisgarh
‘As many as five companies, including Tata Steel and ArcelorMittal, are in the race,’ Raman Singh told IANS. The winner will form a joint venture with the state-owned Chhattisgarh Mining Development Corp (CMDC).
The bid was opened last month at the CMDC meet and the result is likely to be announced by October.
ArcelorMittal, the world’s largest [...]
