Steel Authority of India Sets Sights on Mongolia | MetalMiner: "Not surprisingly, Indian steelmakers are looking towards mineral-rich Mongolia to get in on the action of the huge mineral wealth in that country.
According to an Economic Times report, the state-owned Steel Authority of India Ltd. (SAIL) is considering replicating its successful public-private approach in both Mongolia and Afghanistan.
SAIL has signed a Memorandum of Understanding (MoU) with the Ministry of Mineral Resource & Energy (MMRE) of the Government of Mongolia in Ulaanbaatar, for exploring business opportunities in the mining and steel sectors there."
'via Blog this'
