Sesa Goa Ltd is a subsidiary of Vedanta Resources Plc, the London listed FtSe 100 diversified metals and mining major. The company is India’s largest producer and exporter of iron ore in the private sector (except in FY 2013).
Iron ore mining operations are carried out in Goa and Karnataka. The Company also manufactures pig iron and metallurgical coke.
In 2011, Sesa Goa Ltd had acquired iron ore assets in Liberia, with around 1 billion in reserves and resources across three deposits - Bomi Hills, Bea Mountain and Mano River, located at a distance of 70-140 kilometers from the port at Monrovia. Extensive drilling at Liberia assets has confirmed a billion tonne of iron ore deposit last year with further multifold upside.
The company produces pig iron and metallurgical coke and provides proprietary technology in met coke manufacturing. Sesa is also developing the Western Cluster iron ore project in Liberia. Sesa holds 20 per cent interest in cairn india limited, India’s second largest private sector upstream oil company (by reserves).
Sesa Goa: Global Diversified Natural Resources Company
|2013||Sesa Goa merges with Sesa Sterlite Industries|
|2012||Acquires remaining 49 per cent stake in WCL|
|2012||Ranks among the top companies in carbon disclosure Leadership Index in India|
|2011||Company is the first Iron Ore mining company in the World certified SA 8000|
|2011||Acquires 1.5 per cent stake in Cairn India Ltd|
Updated: June, 2014