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... by a representative of Jindal ...
Not the first time either.....
From March: "we are seeing expressions of interest from potential partners to invest into the project equity finance element."
http://irservices.netbuilder.com/ir/cadence/newsArticle.php?ST=REM&id=311428242455074039
Hi Bannor - is this posted on DEV's linked in page? I cannot see anything with jindal on there page
Https://pt.linkedin.com/posts/devminera%C3%A7%C3%A3o_mineracao-sustentabilidade-esg-activity-7196101950789058562-gr_t
JSP = Jindal Steel Power if you ask me - especially, although some years back, given their previous interest in the project ...
....they might be looking for something to fill the gap this has created ......
https://www.mining.com/web/jindals-environment-application-for-2-billion-mine-refused/
Seems like quite a development if they are interested....
....other than a visit though it's probably best not to read too much into it as it could be something but equally it could be nothing ......
Sure, both KM and Indo being there so obviously an important visit at the least.
Hmmm .... seems to have been taken down!!!
...another just posted up about receiving the safety declaration for the tailings instead .... busy with screenshots today LoL .... I'll leave it there.
Quick wiki read, sounds like a perfect suitor, fingers crossed, :-), their mines currently only supply 43% of their needs
Mining acquisitions
edit
JSW Steel currently possesses a total of 13 iron ore mines, with nine located in Karnataka and four in Odisha. Additionally, they have obtained three coking coal mines. During the fiscal year 2022, the company fulfilled 43% of its iron ore needs from its own mines.[50]
Yep it’s gone, which makes you think it may be significant after all.
They obviously know it well enough since they tried to buy it before…. 🤔🧐
Personally I think that 2017 article is very significant, the history is useful,
:-)
"Yep it’s gone, which makes you think it may be significant after all."
Indeed .... well I guess we wouldn't want to frighten the 'game' away by making too much noise in the bushes eh!!
Maybe we should start a new thread LoL 😂
"Tell Sid"
Lol, :-)
Crikey that's going back some !!
Lol, showing my age,
:-)
Not the first time either:
https://www.fastmarkets.com/insights/jindal-close-to-entering-brazil-s-iron-ore-market/
Jindal close to entering Brazil`s iron ore market
India’s Jindal Steel & Power is likely to announce at least one iron ore project in Brazil within the next few months, as part of its plans to expand into the Latin American mining industry, a senior executive told Metal Bulletin.
June 29, 2012
By Generic people page
Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.
The New Delhi-based group will open an office in Brazil at the end of the year to serve as a base for the establishment of further projects.
These will not only be in Brazil but in Peru, Chile and Colombia, Amit Kumar, technical assistant to Jindal`s chairman and md Naveen Jindal, said on the sidelines of the 23rd Brazilian Steel Congress.
“In Brazil, Chile and Peru, we`re looking for iron ore, while in Colombia we`re more interested in coking coal,” Kumar said.
Jindal has started to intensify its search for mining projects across Latin America because of disagreements with the government of Bolivia which may soon lead to the Indian company withdrawing from the country.
The steelmaker complains that the Bolivian government has not fulfilled its commitments to secure natural gas supplies and provide substantial land to the El Mutún iron ore and steel project.
This would comprise a 10 million-tpy pellet plant, a 6 million-tpy DRI unit and steelmaking operations to produce 1.7 million tpy of products.
“The deadline for the government to resolve these issues is July 8,” Kumar said. “So far, we haven’t reached agreement.”
If no agreement is achieved, Jindal will terminate a contract signed in 2007 to invest $2.1 billion in the project.
The 23rd Brazilian Steel Congress was organized by the country’s steel association, IABr, in São Paulo.
.... & not forgetting that as i recall wasn't it jindal who were trying to gain control of it & failed prior to & during the earlier stages of our & indo's involvement ..... as indicated here (following on from ev's earlier link :
https://www.dsalaw.com.br/en/approval-and-****logation-of-the-judicial-reorganization-plan-of-zamin-amapa-mineracao-s-a-dev-mineracao-s-a-under-judicial-reorganization/
still doesn't mean their visit (if it really happened as there's no longer any evidence of it of course - but like the missing webinar eh!!) meant anything of any consequence at all of course - if it ever does i'm sure we'll be told asap 😁
Copy & replace **** in the link with h o m o before putting it in your search .....
When you learn of out visitors job role @bannor it gets even more interesting.