Sam Walsh, CEO of London-based Rio Tinto Group has had three discussions with Indian Prime Minister Narendra Modi on the planned $500 million Bunder diamond mine in the state of Madhya Pradesh in central India, and the Odisha iron ore project in eastern India. “We’re waiting for approvals, forestry and...
Rio Tinto to Export Australian Uranium to India by 2017
Sam Walsh, the chief executive of Rio Tinto Ltd., announced that his company is expected to start exporting uranium to India in another two years by which time safeguards to use the uranium only for power generation would be in place. Modi and Australian Prime Minister Tony Abbott signed a...