JSW Steel in talks with Brazilian co for iron ore assets
PUBLISHED ON: July 14, 2008 | Duration: 2 min, 07 sec
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.