The Tata Group, the world's sixth largest steel-maker, is contemplating at acquiring iron ore deposits in Laos, officially the Lao People's Democratic Republic (PDR). The Tata group-owned steel company has already started prospecting some mines in Communist-ruled Laos.

Minister of planning and investment, Lao PDR,  Soulivong Daravong said:

Though there was no formal proposal from the Indian company as yet, they were prospecting some iron ore deposits quietly.

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