Profit

JSW Steel in talks with Brazilian co for iron ore assets

PUBLISHED ON: July 14, 2008 | Duration: 2 min, 07 sec

  
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Sajjan Jindal-owned JSW Steel Ltd's hunt for mineral reserves has now lead it to North America. NDTV has learnt that Jindal is in talks with a Brazilian company Bahia Mining to buy iron ore assets. Bahia Mining is estimated to have about 2 billion tonnes of iron ore reserves and is owned by Pramod Agarwal.
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