Posco may have to bid for mines to feed Odisha plant
Caught between Odhisa's assurance and the Centre's ordinance for auction, South Korean major Posco's wait for getting mines to feed its 8 mtpa steel plant in the state is likely to be little longer than expected.
Jan 19, 2015, 18:46 PM ISTAdani, POSCO tie-up for new terminal in Aus to export coal
Adani Group's Australian subsidiary today said it has signed an MOU with a South Korean steel giant for the construction of a new strategic terminal at Abbot Point coal port to export high-quality coal globally at competitive rates.
Dec 17, 2014, 16:48 PM ISTCentre examining ore lease proposal to Posco for Rs 52K cr project
"The Posco project work has not started. However, we are optimistic about implementation of the project," Odisha Steel and Mines Minister Prafulla Kumar Mallick told the state Assembly last week.
Dec 07, 2014, 11:14 AM ISTSanand most likey to get Posco's $20 mn steel plant
South Korean steel giant Posco has narrowed down on Sanand (Gujarat) for setting up its steel coil unit at an investment of USD 20 million.
Nov 14, 2014, 18:45 PM ISTPosco to invest $20 mn in Gujarat: Korean ambassador
South Korean steel giant Posco will establish a coil mill in Gujarat with investment of around USD 20 million, the country's Indian envoy said Wednesday.
Nov 12, 2014, 23:33 PM IST$12 bn steel project still elusive for Posco
Posco has been given the green signal by Odisha to mine in the Khandadhar iron ore reserves in Sundargarh district for its Jagatsinghpur steel plant, but setting up the $12 billion project remains a distant dream as the company continues to face stiff resistance from the residents.
Nov 08, 2014, 21:07 PM ISTPosco not to quit Odisha project
South Korean steel major Posco on Friday said it would not pull out of its Rs 52,000-crore steel project at Jagatsinghpur in Odisha.
Oct 31, 2014, 16:41 PM ISTGovt delays decision on iron ore licence for POSCO's $12 bn plant
The company has yet to start work on the planned 12-million-tonnes-a-year plant due to stiff opposition to land acquisition and delays in securing permission to mine iron ore, a raw material for steel.
Oct 18, 2014, 10:25 AM ISTPosco Q2 profit jumps 102.6%
The company said global steel demand would rise three percent this year thanks to fast recovery in advanced markets including the United States.
Jul 24, 2014, 13:26 PM ISTAdani Mining, POSCO E&C sign pact for rail line in Australia
Adani Mining Pty Ltd, a part of Adani Group, and POSCO E&C Thursday signed a binding agreement to develop a greenfield rail line to open up the Galilee Basin coal reserves in Queensland, Australia.
Jul 17, 2014, 22:19 PM IST