Sesa Goa will finalise the capital expenditure plan for Liberia iron ore mining project by January 2013.
The company will take decision on the Phase I Liberia's Western Clusters project. It aiming to produce 10 million tpa of iron ore in the Phase I. In the project Sesa Goa has acquired 51 per cent stake for about USD 90 million (approx Rs 411 crore) last year.
Currently, the company has completed over 31,000 metres of drilling at the project site. Also, it is planning to ramp up the production by up to 30 million tonne in the Phase II, which is expected to begin by 2016-17.