Tata Steels forms joint venture in Ivory Coast for iron ore
Thursday, December 13th, 2007
Tata Steel Ltd has announced that the company and SODEMI signed a joint venture agreement for Mount Nimba Iron Ore deposits in Ivory Coast, West Africa.
Mr Monnet Emmanuel Leon, Minister of Mines and Energy, said: “Ivory Coast is very happy to have identified Tata Steel as its partner for this mega project in iron ore.”
Mr B. Muthuraman, Managing Director, Tata Steel, said: “Tata Steel is very pleased to have signed this agreement. Tata Steel has vast experience of mining, spanning over several decades and will be introducing best practices for mining geology environment and project management.”