JVs with SAIL, RINL to be operational by June-July, 2013: MOIL

The Economic Times reported that MOIL’s (BOM:533286) joint ventures are expected to be operational within two years.

The market news is quoted as saying:

MOIL Ltd, the largest domestic manganese producer, had separately signed MoUs with SAIL and RINL to set up two ferro alloy-making facilities in Chhattisgarh and Andhra Pradesh, respectively.

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