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Jindal's El Mutún iron ore mine delayed until end-2009

July 06, 2009 - 09:01 GMT Location: São Paulo

KEYWORDS: Jindal Steel , Empresa Siderúrgica del Mutún , Comibol , iron ore , Bolivia

Empresa Siderúrgica del Mutún (ESM), the joint venture between India’s Jindal Steel & Power and Bolivia’s state-owned mining company Comibol, is now expected to begin iron ore production at the end of the year.

Production was scheduled to begin mid-2009 but the company has been trying to find ways to reduce a higher than expected phosphor content in its iron ore extracted from the El Mutún deposit, in Puerto Suárez, a Bolivian government official told MB. “Iron ore tests continue and production and sales are expected to...

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