El Mutun

Key Facts
Status: Unknown
Type of Work: Open-Pit
Location: Santa Cruz, Bolivia
                 25 km SSW of Puerto Suarez

Commodities: Iron Ore
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Latest Information
July 17, 2012
Jindal Steel & Power Ltd. made a company announcement.
July 16, 2012
On Jul16/12, the Bolivian subsidiary of Jindal Steel & Power Ltd, terminated the contract signed with the Bolivian Government for investment of US$2.1 billion for the El Mutun mines. The termination comes in the wake of the issuance of a letter to the Govt. of Bolivia in June 8, 2012 conveying its intention to terminate the contract due to the non-fulfillment of contract conditions on the part of the Bolivian government.
June 30, 2012
Jindal Steel & Power Ltd. released its Quarterly report.

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