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NRI Mittal donate one million dollars Hurricane
Katrina rebuilding

Mittal steel adopts community of Long Beach

London, Oct. 14

Pledging an immediate donation of one million dollars, Mittal Steel USA, America's largest steelmaker and a division of Mittal Steel Company owned by NRI steel tycoon Lakshmi Mittal, is focusing its Katrina rebuilding efforts on the beachfront town of Long Beach, Mississippi.

As part of its adoption, the company will work with individuals, churches, communities, local companies and organizations in partnership with Mississippi Governor Haley Barbour, and the Mayor of Long Beach, Billy Skellie, to rebuild the community, the company said in a release last night.

Mittal Steel USA has committed to an ongoing contribution of materials, people and capital for the long-term reconstruction project. "The effects of Hurricane Katrina on the people of Lousiana, Mississippi and Alabama are heartbreaking, and it will take years to rebuild the affected communities," said Lakshmi Mittal, Chief Executive officer of Mittal Steel Company, the world's largest steel maker.

"In the aftermath of this disaster, these communities are left with challenges that require innovative, long-term solutions and substantial commitments of both time and resources. Few cities were more devastated than Long Beach, and, to address its needs, we have created a new model for corporate partnership.

"We encourage other American companies to adopt Long Beach and other affected communities along the Gulf Coast. Together with the people of Long Beach, Governor Barbour and Mayor Skellie, we will make a tangible, lasting difference in the community and link its residents to the entire Mittal Steel family for years to come," he said.


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NRI Mittal, third-richest world's billionaires, adding 18.8 billion dollars to his net worth Sep.30, 2005. He is just behind Microsoft's Bill Gates and Berkshire Hathaway's Warrant Buffett