Jindal gets final nod for development of EI-Mutun mines
New
Delhi,
Jan
3:
Jindal
Steel&Power
Ltd
today
said
it
has
recieved
the
approval
of
the
Government
of
Republic
of
Bolivia
for
development
of
EI-Mutun
Iron
Ore
Mine
and
setting
up
of
1.7
million
TPA
steel
plant
there
at
with
investment
of
2.1
billion
dollars.
Jindal
Steel
said
in
a
statement
that
it
will
now
take
steps
for
development
of
EI-Mutun
Iron
Mine
and
setting
up
of
Steel
Plant.
The
contracted
mine
contains
an
estimated
Iron
Ore
reserves
of
20
billion
tons.
UNI
Comments
Story first published: Thursday, January 3, 2008, 14:52 [IST]