SAIL and KIOCL to jointly develop mines in Orissa

Wednesday, 09 June 2004 16:26:42 (GMT+3)   |  

SAIL and KIOCL to jointly develop mines in Orissa

Recent news in the market reveals that, Indian companies Steel Authority of India Ltd (SAIL) and Kudremukh Iron Ore Company Ltd (KIOCL) have recently agreed to develop iron ore mines in Orissa. It is stated that currently Geological Department of Orissa is conducting an investigation to determine reserve potential and quality of the mines in Orissa. According to the result of the investigation, SAIL and KIOCL will complete the deal.

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