Speaking shortly after the agreement was signed, Biteko said the project is expected to boost the country's economic growth through industrial development.
India's JSW Steel Limited has given notice seeking to surrender the Jajang iron ore block in Odisha, according to a regulatory filing on Monday,August 5.
Guinea's giant Simandou iron ore project is expected to start exporting within two years. The project is expected to make a significant contribution to the world's decarbonization efforts.