Rio Tinto ready to build Simandou after almost 30 years of setbacks
Simandou has faced delays due to legal disputes, political changes, and the challenges of building a 600 km rail and port infrastructure.
ET reported that some of the Indian steelmakers claim that they will benefit from the government’s decision to impose 30% duty on ore exports as it will make the mineral cheaper by almost 50% for local steel companies. Mr Seshagiri Rao joint MD & Group…
