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外媒:Tata购买加拿大铁矿石项目80%股权

作者:188发布时间:2010-09-15

概述: Tata今天表示将获得加拿大DSO铁矿石开采项目80%的股权,价值135亿卢比,这一举措将有助于加大钢材制造商原材料的供给DSO归加拿大New Millennium Capital Corp所有,Tata持有27.4%的股份,该项目涵盖的已探明和可能存在的矿产资源达6410万吨。

 

Tata Steel to buy 80 pc stake in Canadian iron ore project

 

NEW DELHI: Tata Steel today said it will acquire 80 per cent stake in an iron ore mining project in Canada for about Rs 1,350 crore, a move which will help the steel maker boost its raw material supply. 

The Direct Shipping Ore (DSO) project is owned by Canada-based New Millennium Capital Corp, in which Tata Steel holds 27.4 per cent stake. The project contains 64.1 million tonnes of proven and probable mineral reserves. 

More than a year ago, Tata Steel had entered into an binding agreement with New Millennium, whereby the steel maker had the option to acquire 80 per cent equity interest in the DSO project located in the provinces of Newfoundland and Labrador and Quebec. 

"Tata Steel has made a positive investment decision by exercising its option to acquire an 80 per cent interest in the DSO project of New Millennium," Tata Steel said in a statement today. 

The steel maker would pay 80 per cent of the project cost to New Millennium. "(Tata Steel) would arrange funding up to 300 million Canadian dollars (about Rs 1,350 crore) of capital costs for the project to earn its 80 per cent share of the JV," the statement said. 

Tata Steel's Managing Director H M Nerurkar said the DSO project's location, infrastructure and ore quality would ensure reliable and consistent source of supply for it. 

As per the JV agreement, Tata Steel would purchase all the iron ore products of a specified quality, that would be produced from the DSO project. These products would be bought at global market prices. 

"It is expected that the JV will produce 4 million dry tonnes per year of iron ore products commencing in 2012," the statement said. 

Iron ore from the project would be shipped to Tata Steel's European arm Corus. 

New Millennium's President and CEO Robert Martin said that JV with Tata Steel would help in increasing the company's cash position as well as provide capital for infrastructure. 

Now the New Millennium can look forward to working with Tata Steel on the much larger projects, he added. 

Tata Steel is among the top ten global steel companies with an annual crude steel capacity of over 28 million tonnes per annum (mtpa).

(来源:The Economic Times)