- South Africa, Indonesia, China, Peru, India and other countries become possessive of their mines as prices soar
Sustained high commodity prices and a race among global firms to secure these assets have given rise to a wave of 'resource nationalism' ac...
- Essar Group to invest $750 mn to revive Zimbabwe Iron and Steel Co
This development closes the transaction process that Essar started in August 2010, with a public tender through Essar Africa, for the major...
- Essar completes acquisition of ZISCO; commits $750 mn
Essar said it has completed the acquisition of ZISCO with a commitment of $750 mn and would take over all liabilities of the company and Zi...
- India's Essar Group acquires Zimbabwe's Iron and Steel Corporation
The Essar Group is to undertake resuscitation work at Zisco, including realigning blast furnaces and repairing coke ovens.
- Essar to acquire majority stake in Zimbabwe steel firm
Essar group has reached a deal to acquire majority stake in ZISCO and would invest an $750 mn for revival of African nation's state-run ste...
- Essar-Kobe JV for producing auto grade steel
Ruias-led Essar Steel on Monday said it will formalise its partnership with Kobe of Japan into a joint venture agreement for producing auto...
- 'Essar beats Jindal in bid for African co’
Essar Energy of Mauritius will buy 60% of state-owned Zimbabwe Iron and Steel, reported the Zimbabwe Independent, without saying where it g...
- Indian cos slug it out on global Deal Street
Tata Steel’s fight with Brazil’s CSN for control of Anglo-Dutch steelmaker Corus in 2007 was one of the last major fights that an Indian co...
- Jindal Steel's Rs 44K cr projects to go on stream by 2012-end
Jindal Steel and Power on Tuesday said it will commission two new steel plants over the next 30 months, with investments of about Rs 44,000...
- Jindal Steel to re-bid for 70% in Zimbabwe’s Zisco
African steel firm rejected JSPL’s earlier bid as it felt the Indian company was too big to invest in it.
- Vijayanagar plant to start next month: JSW Steel
The company expects to commission the first unit of the new Vijaynagar plant in Karnataka by next month
- JSPL to bid for 60% stake in Zimbabwe steel firm Zisco
Naveen Jindal-owned Jindal Steel and Power has launched a bid to buy a 60% stake in ailing Zimbabwe Iron and Steel Company in a deal that w...