Wednesday 21 August 2013

Tata Steel gains as its JV firm - TSML secures permission for land use in Canada project

Tata Steel’s joint venture firm - Tata Steel Minerals Canada (TSML) has secured key permission in the last week for land use related to its proposed iron ore project in north-eastern Canada. For the direct shipping ore (DSO) project, TSML has signed agreement with the appropriate aboriginal council of the south Labrador, which has powers to authorize use of land in the vast Millennium Iron Range area containing undeveloped magnetic iron deposits.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.

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