New Millennium Capital Corp. (NML: TSX-V) is a Canadian, publicly-traded mining company aiming to develop iron ore projects in Northern Quebec and Labrador. (more)

New Millennium signs Joint Venture Agreement for Direct Shipping Ore Project with partner Tata Steel at Tata's corporate headquarters in Jamshedpur, India.
The agreement facilitates planned production in 2011.

On November 6, 2009 New Millennium's President and CEO, Robert Martin, signed the Joint Venture Agreement for New Millennium's Direct Shipping Ore Project with Tata's Managing Director, Mr. Nerurkar, at Tata's headquarters. This agreement is the culmination of months of productive negotiations between senior officers from New Millennium and Tata. It will enable New Millennium and Tata to quickly move toward production under the auspices of a new Joint Venture Company as soon as an investment decision is made by Tata.

Also present at the signing ceremony at Tata's corporate headquarters was a full complement of New Millennium's and Tata's personnel.

Click here to see the full picture with a complete list of attendees.

Team members were in India from November 6-12, 2009 to consult with Tata about finalizing details regarding the DSO Feasibility Study. Senior New Millennium officers and their Tata counterparts meet regularly in either India or Canada. This ongoing collaboration is producing significant improvements, which will facilitate Tata's decision to advance the Project.

© New Millennium Capital Corp.

Site Map | Terms and Conditions | Privacy Policy