an alle inwestierten nur mal so am rande bemerkt, vor 4 monaten war mein neffe in indien auf montage,ich sagte ihm er soll mal dort nach expandierenden firmen ausschau halten. als er wieder in d angekommen war sagte er zu mir das auf jeder zweiten grossbaustelle tata steel mit bei ist. darauf hin bin ich mit einer kleinen position eigestiegen und bin sehr zufrieden mit der aktie ,ich glaube da kommt noch was grosses auf uns zu. in diesem sinne auf grüne zeiten
Tata Steel?s joint venture in the Sultanate of Oman For Uyun limestone Muscat, January 16, 2008
Tata Steel Limited and the members of the Al Bahja Group, a leading business house of Oman have entered into a Joint Venture Agreement (JVA) for the development of the Uyun Limestone deposits at Salalah in the Sultanate of Oman.
The JV Agreement was signed by Mr. Ajit Hamlai, Chairman, Al Bhaja Group and Mr. B Muthuraman, Managing Director, Tata Steel in the presence of H E The Ambassador of India to the Sultanate of Oman, Mr. Anil Wadhwa, Mr. A D Baijal, Group Director (Global Minerals), Tata Steel, and other officials of the Al Bahja Group and Tata Steel. Tata Steel will be holding 70% stake in the existing Company named AL Rimal Mining LLC through its subsidiary, TS Global Minerals Holdings Pte Ltd. Al Rimal Mining LLC will execute the project of developing and operating the Uyun Mine.
Mr. Ajit Hamlai, Chairman, Al Bahja Group mentioned "The Al Bahja Group is proud to have joined hands with Tata Steel as its partner for this Limestone project. It is one of the major steps towards strengthening the country's mineral resource base and opening new opportunities for the people of Oman. We are confident that Tata Steel's technical excellence and the rich experience shall take this project to its successful implementation. Tata Steel is also well known for its CSR (Corporate Social Responsibility) initiatives, which provides opportunities to the people to explore their talents and strengthen community based institutions".
Mr. B Muthuraman, Managing Director, Tata Steel said, "Tata Steel is pleased to have signed this Agreement. Tata Steel has nearly 100 years of extensive experience of exploration, modelling, designing and operation of both underground and open cast mines. Tata Steel will continue with its policy of introducing best practices for mining, as well as for management of the environment in the development of the Uyun Limestone Mine in Oman. We value our partnership with the Al Bahja Group, and we are sure that this partnership will play a significant role in the mineral development of the Sultanate of Oman. These investments in mining are the foundations towards achieving Tata Steel's vision of becoming a global benchmark in Value Creation, Corporate Social Responsibility, Environmental Protection and Safety through passionate, talented and motivated employees.
The initial phase will involve exploration and detailed feasibility studies. The project envisages mining of limestone in the Uyun region which lies in the Salalah province of Oman and has large deposits of limestone.
About Tata Steel
Established in 1907 as Asia's first integrated private sector steel company, Tata Steel, with the recent acquisition of Corus in 2007 is the world's sixth largest steel producer. The Tata Steel Group, as a combined entity, has geographic footprints in India, South East Asia, UK and Europe with an aggregate crude steel production capacity of around 28 million tonnes having approximately 82,700 employees across the four continents.
Tata Steel's mines, collieries and Jamshedpur works are ISO 14001 certified for environment management. The company's Jamshedpur steel works along with its Ferro Alloys and Minerals Division, have been conferred the SA 8000 certification for work conditions and improvements in the workplace - the first in the world. Tata Steel which has also set benchmarks in the fields of corporate social responsibility and corporate governance firmly believes in improving the quality of life of its employees and the communities it serves.
About Al Rimal Mining LLC
Al Rimal Mining LLC, a group company of the Al Bahja Group of Oman, which enjoys good reputation in the business circles of Oman and has presence in Agriculture, FMCG, Copper, Real Estate, Hotels & Resorts, Pharmaceuticals and Alternative Energy Solutions in Oman. For further information, please visit www.albahja.com.
Tata Steel Ltd has announced the following Unaudited consolidated financial results of the Company for the quarter / six months ended September 30, 2007, which have been reviewed by the auditors and approved by the Board of Directors of the Company.
The Consolidated results for the Quarter ended September 30, 2007:
The Group has posted a profit after Minority Interest and share of Profits of Associates of Rs 33423.60 million for the quarter ended September 30, 2007 as compared to Rs 11391.10 million for the quarter ended September 30, 2006. Total Income has increased from Rs 61929.50 million for the quarter ended September 30, 2006 to Rs 325351.50 million for the quarter ended September 30, 2007.
The Consolidated results for the six months ended September 30, 2007:
The Group has posted a profit after Minority Interest and share of Profits of Associates of Rs 97027.30 million for the six months ended September 30, 2007 as compared to Rs 21582.90 million for the six months ended September 30, 2006. Total Income has increased from Rs 120198.30 million for the six months ended September 30, 2006 to Rs 638716.30 million for the six months ended September 30, 2007.
The previous period figures do not include Corus and the current period includes financial results of Corus, reviewed by the auditors.
Report on Financial performance
? Income from Operations
Total income for six months ended September 30, 2007, amounted to Rs 638720 million against Rs 120200 million in the same period previous year. The increase comprise mainly of Rs 498090 million of Corus income and increases of Rs 8660 million in Indian operations, Rs 12370 million in Nat Steel and Rs 5120 million in Tata Steel, Thailand.
? Total Expenditure
Total expenditure for the six months ended September 30, 2007 amounted to Rs 561120 million against Rs 86650 million during the previous years. The increase is primarily on account of inclusion of expenditure of Corus during the current year.
Established in 1907, Tata Steel is Asia's first and India's largest private sector steel company. Tata Steel is among the lowest cost producers of steel in the world and one of the few select steel companies in the world that is EVA+.
irgendein trigger, oder? verstehe nicht, was die da rumdümpeln in ihren kursniederungen. stahl ist doch grad in indien gefragt wie verrückt, die (bzw. ihre chinesischen auftraggeber) bauen doch nach meinem wissen eine ganze menge tiefwasser-häfen und da wird doch jede menge stahl gebraucht, also, wo bleibt der anstieg?
geht es doch gen norden. Hab mal mein Taschengeld investiert und mich mal mit 2600 Stück (lol) eingedeckt. Vieleicht sind wir in 10 Jahren dick im Geschäft und wenn nicht so hat mans ja mal probiert. Gruß Rolando Brando
nach langer Zeit tut sich hier mal wieder was. Der Sprung auf 0,044 war aber leider nur von kurzer Dauer. Bleiben wir mal zuversichtlich das wir 2009 mal Kurse im bereich 0,1 sehen. Allen investierten ein glückliches Händchen und einen gutes und gesundes Jahr 2009 Rolando Brando