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02 Sep
12:24

JSW sells Chile-based Minera Santa Fe shareholding

India’s largest steelmaker says it has entered into an agreement for the sale of its share in Chile’s Compañía Minera Santa Fe (SFM), Kallanish notes. JSW Steel owns 70% of the iron ore mining project through its subsidiary Inversiones Eurosh Limitada (IEL). IEL and SFM had ownership rights to five iron ore projects in the Atacama region. The lease for the Bellavista deposit was ended in 2021 due to post-Covid-19 uncertainties, while mini…
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