Orissa

Orissa, in India, is one of the key underdeveloped iron ore regions of the world. We have a joint venture interest (51 per cent) with the state owned Orissa Mining Corporation. The joint venture holds rights to iron ore leases in Orissa, which we seek to develop.   With expectations of significant infrastructure and industrial growth in India, in the medium and long term, Rio Tinto remains keen to contribute to the development of the Indian iron ore sector.  Plans for the JV align production to meet growing domestic demand for iron ore.  The partners intend to commence work on the project in the near term.  

Rio Tinto is simultaneously reviewing other opportunities in other iron ore regions.