India urging firms to acquire overseas iron ore, coking coal assets
India aims to boost its overall steelmaking capacity to 300 million tons by 2030.
Rio Tinto (ASX: RIO) is seeking to increase production capacity at its newest iron ore mine, Gudai-Darri, to 50 million tonnes a year at a cost of around A$130 million $70 million through incremental productivity gains. Rio Tinto reported a...
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