Rio Tinto not Keen on Exporting Iron Ore from Odisha

  • Monday, October 22, 2012
  • Source:

  • Keywords:Rio Tinto Iron Ore Odisha
[Fellow]
[Ferro-Alloys.com]Global metals & mining majorRio Tinto said it was not keen on exporting iron ore to be produced from its proposed mining project in Odisha, maintaining that its priority was to cater to raw material needs of local industries.
Mr Sam Walsh chief executive (iron ore) of Rio Tinto said that "Our priority is to meet the iron ore requirement of local industries. Export of ore is not our focus area.”

Mr Walsh, however, said if the joint venture materializes, it would be a win win situation for both the JV partners.

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