India’s giant iron ore project in Bolivia stalled; China also interested

Monday, June 14th 2010 - 04:21 UTC

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Bolivia and India’s Jindal Steel & Power one of the world’s leading steel manufacturers are scheduled to sign an addendum to the contract for the exploitation of the Mutún iron ore reserves with the purpose of unlocking the “lack of investments” according to Mines minister Jose Pimentel. Read full article

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jerry
Why would any company (or country) invest in Bolivia when the president president has shown every sign of government takeover of all business? Sounds like a losing proposition to me!
Jun 15th, 2010 - 08:58 pm - Link - Report abuse 0
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