SOURCE: Industrial Info Resources

Industrial Info Resources

September 20, 2010 05:00 ET

Tata Steel to Secure Canadian Iron Ore for European Operations, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - September 20, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- India's Tata Steel Limited (BSE:500470) (Mumbai) has announced that it will exercise the option to acquire 80% of its joint venture with Canada's New Millennium Capital Corporation (TSV:NML) (NML) (Westmount, Canada) to secure supplies of iron ore for its European steelmaking arm, Corus (London, England).

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