Québec commits $132m to Tata Steel Minerals Canada for iron ore project

Québec commits $132m to Tata Steel Minerals Canada for iron ore project

Tata Steel. Photo: Mint

The Québec government of Canada has announced a financial contribution of C$175 million to Tata Steel Minerals Canada Ltd (TSMC), to support a direct shipping iron ore (DSO) project in which Tata Steel Group has invested an amount in excess of C$1 billion. The project is at Schefferville in Quebec, Tata Steel said in a statement on Wednesday.

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