Bolivia, India's Jindal agree on big iron ore project

LA PAZ, Mar 2 (Reuters) After eight months of negotiations, Bolivia and India's Jindal Steel&Power agreed on Thursday on the terms of Jindal's planned LA PAZ, Mar 2 (Reuters) After eight months of negotiations, Bolivia and India's Jindal Steel&Power agreed on Thursday on the terms of Jindal's planned $2.1 billion investment in the El Mutun iron ore deposit.

Bolivian President Evo Morales and Jindal officials told a news conferences that both parties had signed preliminary agreements on tax rates and natural gas prices for the iron and steel project, and will sign a definitive contract with 45 days.

REUTERS SHB RAI0859 .1 billion investment in the El Mutun iron ore deposit.

Bolivian President Evo Morales and Jindal officials told a news conferences that both parties had signed preliminary agreements on tax rates and natural gas prices for the iron and steel project, and will sign a definitive contract with 45 days.

REUTERS SHB RAI0859