Tata Steel and Lloyds Metals MoU outline plans to jointly develop 6mntpa steel plant (potentially 3+3mntpa) in next five-six years.

(Photo: Tata Steel PR) Tata Steel is acquiring 50.01% (majority) stake in Thriveni Pellets Private Ltd. for a consideration of Rs 6.4 billion, making it a joint venture with Lloyds Metals and Energy (49.99% stake).

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