Tata Steel to Secure Canadian Iron Ore for European Operations

Tata Steel to Secure Canadian Iron Ore for European Operations

Tata Steel to Secure Canadian Iron Ore for European Operations

BANGALORE, INDIA--September 20, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Tata Steel Limited (BSE:500470) (Mumbai) has announced that it will exercise the option to acquire 80% of its joint venture with Canada's New Millennium Capital Corporation (TSV:NML) (NML) (Westmount, Canada) to secure supplies of iron ore for its European steelmaking arm, Corus (London, England).

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