MEED | Tata Steel in Oman mining joint venture
In the initial stages of production all the limestone will be used by Tata Steel in India. Total investment in the mine is expected to reach $150m. Tata Steel will take a 70 per cent stake in the joint venture company, Al-Rimal Mining, through its subsidiary TS Global Minerals Holding. Al-Rimal Mining will develop and operate the mine.