Showing posts with label Iron Ore Deposits. Show all posts
Showing posts with label Iron Ore Deposits. Show all posts

Tuesday, November 29, 2011

Consortium of Indian companies win rights to develop Afghanistan's largest iron ore deposits

A consortium of Indian companies has won the rights to develop Afghanistan's largest iron ore deposits, a mining ministry official said Tuesday, underscoring growing ties between the two countries.

Seven Indian companies, led by the state-owned Steel Authority of India (SAI), won a $10.3 billion deal to exploit three of four blocks at the Hajigak mine in Bamiyan, central Afghanistan, said ministry official Abdul Jalil Jumrani.

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