Kolkata: Tata Steel Ltd will infuse $100-150 million in developing the Uyun limestone mine in the Sultanate of Oman in next three years. The mine will produce 10 million tonnes of limestone annually for consumption of Tata Steel''s facilities in India and Corus plants in abroad. The world''s largest steel marker has concluded an alliance agreement with Oman''s Al Bahja Group to develop the Uyun limestone deposits in Salalah. Tata Steel will hold 70 per cent stake in the joint venture, Al Rimal Mining LLC.
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