Reports: Bolivia inks deal for Mutun steel project with China’s Sinosteel Sao Paulo (Platts) Bolivia Wednesday signed a contract to develop the Mutun iron and steelworks with China’s Sinosteel Equipment & Engineering, Boliva’s Corporacion Minera de Bolivia (Comibol). Bolivian President Evo Morales signed the contract. “They (Sinosteel) will install the mill in two and…
Tag: iron steel industry
Bolivia to have a new steel factory! About time!!!
Henrry Ugarte reports in El Deber: Las Lomas invests U.S. $ 10 million in steel factory The plant will serve domestic demand, will compete with foreign production, in 2015 will reach its maximum capacity of 36,000 tons of solid bars . The sector is satisfied. The business group Las Lomas Ltd. yesterday [2/8/14] put into…
Astonishing presidential declarations over Jindal’s awarded contract!
Bolivian president has issued an statement that reflects the way Bolivia is handling its economic policies. Is it demagogue? lack of know-how? I don’t know but one thing is certain, social sectors’ pressures are turning our economic policies non-viable. From the website of hoybolivia.com, La Razon article: Evo reveals that contract signed with Jindal was…
Jindal walks away from Bolivia – UPDATED
Breaking news: El Deber’s website just announced the inevitable… our desires and hopes to consolidate iron steel industry have suffered a serious drawback. Bolivia lost in the last six years, the opportunity to consolidate El Mutun, follows the short news and below the extended information, thank you: Jindal walks away from Bolivia According to preliminary…
El Mutun continues to remain an open question, by Milenio Foundation
The Milenio Foundation has just issued an interesting and however stressing report on El Mutun, I thought about translating just the questions they raise at the end, however, I concluded that some of you would like the whole report, so here it goes: El Mutun continues to remain an open question, No.151 – June 15,…
Jindal – El Mutun: A chronicle of a death foretold?!
For those of you not following earlier posts on this subject, will realize that this venture was doomed from the beginning: lack of enforcing contractual terms from day one on both sides; not-so-clear contract awarding to Jindal; and a highly visible political issue between Santa Cruz and central government. Walter Vasquez reports for La Razon:…
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