Published On:March 6 2012
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Rio Tinto to take up $2 billion iron ore mining project in Orissa
Rio Tinto is planning to invest around $2 billion in setting up a major iron ore mining project in Orissa. The investment, largest so far by the miner in India, would help it establish a strong foothold in the country’s mining space.
The company expect to ramp up the project's capacity quickly to 15 million tonnes per annum (mtpa )