The massive investment is to develop raw material resources for the 1.2 million tonne steel plant which is currently shut down due to years of cost overruns.
Essar said its African subsidiary, Essar Africa Holdings Ltd, has concluded the transaction with the Zimbabwe government for the plant, which is saddled with $340 million debt.
298
990
18769
37499
2381
4100
533
549
1919
1990
1927
0
1410
2100
1808
2010
1699
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349
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3369
6699
381
499