To feed its EuropeÂ’s plants Tata Steel Minerals Canada (TSML), a joint venture of the Indian steel maker, has secured key permission last week for land use related to its proposed iron ore project in north-eastern Canada.
Toronto-listed New Millennium Iron Corp, Tata SteelÂ’s 20 per cent strategic partner, said that TSML signed agreement with the appropriate aboriginal council of the south Labrador for the direct shipping ore (DSO) project.
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Tata Steel gets nod to use land for its Canada project
TSMC buys stake in Howse deposit in Canada
Tata Steel Minerals Canada (TSMC), a subsidiary of Tata Steel, bought half the interest in Labrador Iron MinesÂ’ (LIM) Howse deposit for Canadian dollars 30 million (Rs 160 crore). In the areas of logistics and potential offtake arrangements, TSMC and LIM have entered into multi-part co-operation agreements as they operate adjacent iron ore projects spread over the Provinces of Newf