Articles Tagged "tata"

Tata Steel eyes iron ore mines in Laos

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 [...]

Rio to sign deal with Indian mining major

By Melissa Pistilli – Exclusive to Iron Investing News On March 14 this year, the Government of India-owned mining firm National Mineral Development Corporation (NMDC) had issued a call for global partners to buy overseas mines. Mining giant Rio Tinto, also actively seeking to expand its iron ore resources, answered the call and both are set to [...]

Tata Steel to pick stake in Thach Khe Iron Ore

Tata Steel has entered into a $5 billion joint venture investment agreement in Vietnam to establish integrated steel complex with 4.5 million tonne capacity. The agreement also enables Tata Steel to acquire 30 per cent stake in Thach Khe Iron Ore Joint Stock Company, which would undertake mining in the Thach Khe iron ore mine. For more [...]