ANNEXURES 171 gold Algoma offered ore deposits. Annual Report 2010-2011 Annual Report 285 crore. Vedanta, until 285 crore. Vedanta, ` Novelis. Following the Novelis. Following of Government of Indonesia magnetite iron located in the Kutai region of East located in the Kutai company for about company for mines, Vedanta Resources have acquired Sterlite Gold, a have acquired Resources Vedanta mining for growth in the North Essar a strong platform next three to five years American market. Over the enhance Algoma’s valuation Essar plans to significantly initiatives aimed through strategic capital expenditure of four million to in excess at increasing overall output tons per annum. of Hindalco has acquired Canada’s leading producer aluminium products transaction, Hindalco, with Novelis, will be the world’s one of the biggest largest aluminum rolling company, producers of primary aluminum in Asia, and India’s leading copper producer. 3.0 Chille of JSW has acquired eight mines over an area region in about 1,200 hectares in the Atacama northern Chile at a total cost of $52 million through its wholly-owned Dutch subsidiary for the exploration and exploitation of now, was active in mining and manufacture of non- was active now, aluminium and zinc but the ferrous metals like copper, business in precious metals. company is now also doing Holdings Ltd. acquired In June 2007, Essar Steel Canada. Inc. (, 4.0 Indonesia The has signed a agreement to purchase Aries Kalimantan in Indonesia to an estimated resource base Kalimantan of 100 million tonne of thermal coal and mineable reserves of 64 million tonne.. The high-quality bituminous coal has gross calorific value (GCV) of 6,000 with low ash and low moisture and is suitable for power plants. Group inked an agreement to develop The Adani $1.65-billion rail and port project in Indonesia. The agreement signed with the regional government of Sumatra Selatan, Indonesia and PT Bukit Asam Tbk, a coal mining company will involve construction of a 250-km of railway-line and port infrastructure needed for transportation and ship loading of up to 60 mmtpa (million metric tonne per annum ) of coal. ` ANNEXURE 7.5 ANNEXURE , which coal crude steel Australia’s Important Indian Investment abroad Important Indian of Australia’s Linc Energy of Australia’s listed on the Australian Stock listed on the Australian The company produces coal mines to steel markets around the world, generating in Queensland, Australia. copper companies can be ramped up to over 15 mtpa in the near term. 2.0 Canada to Steel has entered into a letter of intent (LoI) Tata increase its stake in Canadian mining company New Millennium Capital Corp to 27.4 per cent, a move aimed at buffering its European operations from the volatility in raw material prices to some extent. Arcelor Mittal Canada is one of leading suppliers of iron ore some 40 per cent of Canada’s total production. As it both a mining and primary processing company, of Quebec. operates extensive facilities in the Province 1.0 Australia 100 per cent Limited (ABML) has Birla Minerals Aditya and Birla Mt. Gordon holding in Birla Nifty Pty Limited and Australia Western Pty Limited located in ABML is one of the largest Queensland, respectively. pure Apart from these the other companies who have either through Joint ventures or presence in Australia, on their own are Bhushan Steel, Gujrat NRE coke, Tata power and Sterlite. Infratech acquired Griffin Coal Mining Company Lanco subsidiary Lanco through its Australian in Australia and concluded a binding Australia Resources Energy Group and Carpenter Griffin agreement with Mine Management Holdings. The mine produces over 4 million tonnes per annum (mtpa) of in a cash and royalty deal worth A$ 2.9 billion ( in a cash and royalty deal 12,220.6 crore). through Tata Steel has been operating in Australia Tata BlueScope Steel (its joint venture with BlueScope Steel.) and basic steel products. Ltd. (ICVL), a special International Coal Ventures purpose vehicle of five state owned undertakings: SAIL, Coal India Ltd., NMDC, NTPC and Rashtriya Ispat Nigam Ltd. have reserves (220 Million approx.) Coal Exchange. Enterprise (AEL), Adani group flagship company, Adani had acquired the 172 ANNEXURES Ministry of Mines one Essar Group owns two by the Tata. Chrome ore mine near Birjand which is wholly owned Tata has majority shareholdings and the Chahpanjsar the Graft chrome ore mine near Sabzevar in which ASIA FZE. The group has two Tata group is operating in Iran by the name TATA WEST 5.0 Iran Jindal group, had been awarded a Jindal Resources (Mozambique) Ltd, a subsidiary of 6.0 Mozambique of their local company AMPRC. part of the transaction, all steel assets NatSteel in million Singaporean dollars on August 16, 2004. .As of Singapore-based NatSteel’s Tata Steel, had completed the 100 per cent acquisition 8.0 Singapore Mountain mine and Gamsberg project in South Africa. Black Mountain Mines, which includes the Lisheen mine in Ireland and the 74 per cent owned Skorpion mine in Namibia, the 100 per cent owned 2010. Anglo Zinc comprises the 100 per cent owned Anglo American plc (“Anglo American”) on 10 May the Skorpion Sterlite Industries (India) Limited (“Sterlite”) acquired 7.0 Namibia in Mozambique yield results. next five years if the exploration in its two coal blocks thermal coal. CIL plans to invest $400 million in the estimated reserve of one billion tonne coking and the Maotize region in Mozambique having an CIL was awarded two tonnes. to contain thermal coal reserves of around 300 million exploration and with a Mozambique-based company for prospecting, group, had entered into a joint venture agreement Jindal Metal and Mining, another subsidiary of million tonnes. hectares, estimated to possess reserves of around 150 prospecting and exploration over an area of 1,480 Moatize district of Tete province of Mozambique for lime stone mine Zinc Mine mining of coal in Bandar Abbas under the name coal acreages (“Skorpion”) in Namibia from iron ore mines steel business chrome ore mines . This block is estimated coal Block in Dec 2009 in Yazd and for 486.4 -2 in i.e. drilling was already done. around 45 million tones on part of the area where of $100 million. The reserves are estimated to be resources of 123 million tones for a total consideration coal JSW Steel has capacity to produce 0.9mtpa of sulphuric acid. smelter The plant at Hayden, Arizona also has a around 5mt copper in contained reserves and a in the US. ASARCO has 3 open pit copper mines with the third largest copper mining and smelting company of 5mt in copper. deal with no dilution. ASARCO is of .25mtpa and 3 and refining company Sterlite acquired ASARCO, American increase this to 10 million tonnes per year. 7 million tonnes of coal annually and expects to Trinity Coal will give the Essar group Trinity produces coal — from its mines in Kentucky and West Virginia. — equally split between metallurgical coal and steam for an access to around 200 million tonnes of reserves based Trinity Essar group company, Essar Global, has acquired US- 11.0 US Thailand. steel for the auto industry, owns three plants in products for construction industry, and engineering million tons. The company, which produces long Co of shares in Thailand-based Millennium Tata Steel completed the acquisition of 67.11 percent 10.0 Thailand company Indian Ocean Mining (Pty) Ltd, Understanding (MoU) to acquire a 43% interest in JSW Energy Ltd of India signed a Memorandum South Africa. Ferrochrome plant Tata Steel KZN (Pty) is having a R670 million 9.0 South Africa have been transferred to NatSteel Asia Pvt. Ltd. Australia and China (except Changzhou Wujin NatSteel) Singapore, Malaysia, Thailand, Vietnam, the Philippines, for about $170 millions an annual capacity of 1.7 assets in Western Virginia, US having total , from Osho Venture FZCO. Coal Partners

completed the acquisition of copper mines at Richards Bay in KwaZulu-Natal, having a smelting capaictity LLC for USD 600-million with a total reserve copper smelting a coal mining Steel Public coking