TATA STEEL
April 1st, 2003
BY RICHARD HURSTINDIAN steel producer Tata Steel has launched an environmental impact assessment (EIA) study to determine the ecological feasibility of building a high carbon ferrochrome smelter in Richards Bay, Kwazulu-Natal. The project would attract tax relief from the South African Department of Trade and Industry's Strategic Industrial Projects budget, with a potential subsidy being worth as much as Rand 480 million, (US$59.45 million). The Richards Bay Chamber of Commerce is also expected to support the scheme. Mr B. Chakraborty, project manager for Tata ...
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