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Jindal Stainless Makes Strategic Move with Acquisition of 49% Stake in New Yaking

Jindal Stainless operates several manufacturing plants in India, including its flagship facility in Hisar, Haryana. ....

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Jindal Stainless acquires 49% stake in Indonesia-based nickel pig iron company

The strategic collaboration offers benefits of backward integration as JSL would have a stake in the business of NPI. ....

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Jindal Stainless to acquire 49% stake in New Yaking

Jindal Stainless will invest in the development, construction, and operation of a Nickel Pig Iron (NPI) smelter facility located in an industrial park in Halmahera Islands, Indonesia. ....

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Jindal Stainless buys 49% stake in Indonesian nickel smelter facility for $157 mn

The acquisition will ensure long-term availability of nickel to Jindal Stainless, as it plans expansion to meet India’s rising demand for stainless steel ....

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JSL to acquire 49 pc stake in Indonesia nickel pig iron project

Uniindia: New Delhi, March 28 (UNI) Jindal Stainless Ltd (JSL) on Tuesday said it has finalised the deal to acquire 49 percent stake in nickel pig iron project along with the New Yaking Pte Ltd in Indonesia for US$ 157 million. ....

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