Tata Steel's joint venture in Ivory Coast for Mount Nimba Iron Ore

摘要

Tata Steel Limited and SODEMI (state owned company for mineral development) announced today that they have entered into Joint Venture agreement (JVA) for the development of Mount Nimba Iron ore deposits in Ivory Coast (West Africa). The JV was signed in presence of Mr. Monnet Emmanuel Leon, Hon Minister of Mines and Energy, Mr. Momy Guei, Chairman of SODEMI, Mr. Jean Likane, MD, SODEMI, Mr. B Muthuraman, MD, Tata Steel, Mr. A D Baijal, Vice President (Global Mineral Resources) Tata Steel and other officials from the Government of Ivory Coast and Tata Steel. The project will be implemented by a joint venture company, wherein Tata Steel will have a major shareholding.