Tata Steel has signed a business cooperation agreement with A&B Global Mining Pvt Ltd (ABGM) to harness new business development opportunities and deliver mine technical services in areas such as exploration, resource evaluation, mine planning and scheduling, due-diligence, investment thesis, digitalisation, clean/hybrid energy solutions, doing pre-feasibility, bankable feasibility studies, owners engineering and project management. ABGM will also collaborate with Tata Steel to deliver competitive integrated business solutions to the global mining industry and will closely work with ABGM India which will interface with their South African entity to explore business opportunities in India and abroad and utilise each other’s technical and strategic strengths to deliver projects across the mining and metals including the steel value chain.
Devendra Vyas, Managing Director, A&B Global Mining, said “With a shared focus on value creation and sustainability, this agreement is the foundation for a strong partnership and compliments our efforts to diversify our services to wider stakeholders in the industry and accelerate our growth across commodities and geographies. We are confident of offering world class services covering the entire value chain in Mining and Metals with cost competitiveness.”