New joint ventures for potash mining

  • 19/01/2011

  • Hindu (New Delhi)

Eight companies from India and abroad have shown interest in the project JAIPUR: The Rajasthan Government has decided to mine potash in an area measuring 878 hectares in Hanumangarh district through joint ventures involving 51 per cent stake of the public sector Rajasthan State Mines and Minerals Limited. The process for selecting the joint venture partners would be completed within the next four months. According to an official release, eight companies from India and abroad made presentations before a committee appointed by the State Government for the purpose here on Monday. The joint venture partners for the remaining 49 per cent stake would be selected from among these firms. The companies included the Steel Authority of India Limited, Zuari Industries Limited, Raj Minerals Limited, Kaushalya Infrastructure Development Corporation, Soma Enterprises, Rio Tinto of Australia, DMT of Germany and AKSU of Turkey. The release stated that the