LONDON In a major setback to mining giant Vedanta Resources, a British charity on Thursday has announced that it had sold all its stake in the firm. The sell off was due to concerns over human rights and environmental issues.
Ishita Ayan Dutt / Kolkata February 18, 2010, 0:38 IST
State-run mining major NMDC is in talks with ArcelorMittal for its proposed 10-million tonne steel plant in Karnataka. NMDC sources claimed there had been preliminary discussions with the steel major for the proposed plant.
Rana Som, chairman and managing director, NMDC ` While firming up of steel price will depend on the pace of economic recovery, the ` Centre's target is produce 110 MTPA steel by '20 ` We intend to expand our exploration activities to acquire more mining leases in India and ` abroad, including for non-ferrous minerals.