BHP Billiton in talks with SAIL
Australian mining giant
BHP Billiton is reportedly in talks with Steel Authority of
India Ltd (
SAIL) regarding a mining project in
Indonesia.
SAIL expressed its interest in mining activities in
Indonesia, and started negotiations with
BHP Billiton in an effort to participate in the mining activities in the country.
"We are also willing to partner with
SAIL in Indonesian mines. But ideal arrangement has to be made for us to initiate the process," a
BHP Billiton official said.