Web Sify
Follow us on
Mail
Print

Sesa Goa expects to start Liberia iron ore production by end FY2014

Source : REUTERS
Last Updated: Fri, Jan 25, 2013 08:47 hrs
A truck is loaded with iron ore while being weighed at the BBH iron ore mines at Chitradurga in Karnataka

Sesa Goa Ltd, India's biggest private iron ore exporter, expects to start iron ore production in Liberia by the fourth quarter of the fiscal year beginning April 1, its Managing Director said on Friday.

"We are committed and expect to deliver the first shipment in the last quarter of FY14...everything is progressing satisfactorily," Managing Director P.K. Mukherjee said, after Sesa Goa announced its December-quarter earnings.

In December last year, Sesa Goa acquired the remaining 49 percent stake in unit Western Cluster Ltd in Liberia.


blog comments powered by Disqus
most popular on facebook
talking point on sify finance