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India, seven companies jointly bid for iron ore of Afghanistan

       Steel Authority of India (SAIL) chairman CSVerma said,SAIL, Jing De Lexi Dragons companies etc seven Indian steel and mining companies will jointly bid for the Afghan Haji Jiake iron ore.

        The seven companies include state-owned mining company, Beijing Chandler steel and energy companies, MonnetIspat company, JSW-Ispat and RINL state-run steel company. Verma said: “The mine will be yender tomorrow, we look forward to offer that from China and Iran.”

        The mine is located in the capital of Kabul Haji Jiake130 kmBamiyan Province of Anglesey, estimated about 18 million tons of storage, which are 62% -63% iron grade of high-grade ore and is the world’s one of the largest undeveloped iron ore.According to Afghan government estimates, over the next 30 years the project will require about $ 30 billion investment, the Government will permit the export of all mine production.

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