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Mar 19, 2020· Odisha government had auctioned as many as 19 mineral blocks in February. In the mining auction, JSW Group secured as many as four iron ore blocks. The company has proposed to set up a steel plant near Paradip in Jagatsinghpur district.
Feb 03, 2020· Earlier, JSW Steel has bagged two iron ore mines with a total reserve of 980 million tonnes in the auction in Odisha. JSW Steel bagged the Nuagaon mine, which is the largest iron ore block in the auction with a total estimated reserve of around 790 million tonne. It also won Narayanposhi iron block with 190 MT reserve.
The Odisha highlevel panel''s dillydallying over the Nuagaon iron ore mine, the largest mine to be auctioned, is a case in point. Spread over ha with reserves of mt (of all grades of above 45% Fe ore), the Nuagaon mine equals all the other iron ore deposits in the state put together.
Jan 07, 2020· Odisha accounts for about 5055 per cent of India''s 210 million tonne iron ore production and leases of at least 30 of its mines expire at the end of this fiscal.
Feb 06, 2020· JSW Steel won Odisha''s largest iron ore block, the Nuagaon mine, with estimated reserves of around 790 million tonnes (MT) on Friday, followed by Narayanposhi iron .
Jan 22, 2020· To securitise its iron ore requirements, ArcelorMittal Nippon Steel (AMNS) is participating in the ongoing auctions of iron ore mines in Odisha, a top official of the company said.
Feb 11, 2020· This was the tenth of the 19 mines enlisted for auction. Patnaik Minerals Pvt Ltd bagged Mahulsukha iron ore and manganese mines in Odisha, which went under the hammer, at a premium of per cent on Saturday. On Friday, Kolkatabased Khatua Narbheram Co. retained the Roida II iron ore mines at a premium of per cent.
Occupying an important position on the country''s map, Orissa''s rich mineral reserves constitute 28% Iron ore, 24% coal, 59% Bauxite and 98% Chromite of India''s total deposits. The state''s comparative advantage on this account has attracted the attention of many mining and metallurgical companies.
With this purchase, JSW Steel has added another Odishabased iron ore mine to its portfolio. The company was previously awarded the Nuagaon mine. The iron ore block has a total estimated reserve of around 790Mt, reported ET. An official was quoted by The Times of India as saying: "By bagging the block with a bid of %, the company commits ...
18 rows· This list of mines in India is subsidiary to the list of mines article and lists working, and .
New Delhi: JSW Steel Ltd has bagged three iron ore mines in Odisha, with a combined estimated capacity of around billion tonnes, the company informed the stock exchanges on Monday.
JSW Steel has emerged as the preferred bidder for three iron ore mines with cumulative reserves of 1,091 million tonnes in a statement to BSE, JSW Steel said the company was declared the pre
Earlier, ArcelorMittal India Pvt Ltd has bagged the Thakurani iron ore block in Odisha. Thakurani iron ore block has an estimated reserve of about 179 million tonne. JSW Steel bagged two iron ore mines with total reserves of 980 million tonnes. It won Nuagaon mine and Narayanposhi iron block.
May 04, 2020· Odisha likely to auction Sukinda chromite and Guali iron ore mine 16 Jan, 2020, AM IST. Odisha had kicked off the auctions of working mines by first putting two noncaptive chromite blocks under the hammer – the Kamarda deposit being mined by BC Mohanty and the Saruabil mine by Misrilall Mines.
"Iron ore price have gone up by about 100 per cent. Odisha Government should take up the issue with the Centre to start the closed mines through ordinance. This would increase iron ore production and subsequently bring down the prices of the ore," Jindal said after meeting Padhi and Industries Secretary Sanjeev Chopra at the Secretariat.
Jan 16, 2020· Odisha has the largest number of old merchant mines, of the more abundant iron ore and the comparatively scarce chromite, that are set to lapse on March 31, 2020. (Representative Image) The Odisha government is likely to auction the Sukinda chromite mine and another working iron ore mine that were being reserve for the stateowned Odisha ...
The mine containing high grade iron ore reserves is meant to feed the integrated steel plant at Hazira. The Odisha government had issued the Letter of Intent (LoI) for developing the iron ore mine. As per initial plan, million tonne was to be extracted each year.
May 30, 2018· Iron ore mining has witnessed a decline in Odisha, following the Supreme Court''s direction to the miners for a payment of compensation of Rs .
Dec 02, 2019· Odisha, home to more than half the country''s iron ore production, is inviting bids for 50year mining rights to twenty mines in two phases. These are among the more than 300 mines lapsing on 31 March 2020 as India transitions to a strict regime of auctions for mining licenses.
Jul 23, 2019· Family dispute threatens operation at one of India''s largest iron ore mines Mohammed Sarfaraz Alam, a partner of the mining firm, issued a public notice 10 days ago, declaring the dissolution of the partnership with his brother and cousins for the company, even as it is business as usual at its Balda iron ore mine in Odisha.
Bhubaneswar: Beating its competitors, Ghanashyam Misra and Sons Tuesday retained Gorumahisani iron ore block at an auction with a commitment to provide 115 per cent of ore value to the state government. A total of 11 mining firms were in the fray for the block which is having an estimated ore reserve of million tonnes (MT). The state government had fixed the floor price for the block at ...
The firm has acquired the iron ore mine in the auction of Odisha blocks. The projected iron ore resource is million tonnes (Mt). In a stock exchange filing, JSW Steel said: "The highest final offer price by the company to become a ''Preferred Bidder'' is 110% of average monthly prices of iron ore of different grades and quality ...
Jul 15, 2020· Odisha likely to auction Sukinda chromite and Guali iron ore mine 16 Jan, 2020, AM IST. Odisha had kicked off the auctions of working mines by first putting two noncaptive chromite blocks under the hammer – the Kamarda deposit being mined by BC Mohanty and the Saruabil mine by Misrilall Mines.
In 1961, the company became wholly owned by the Govt. of Odisha. The major minerals mined by OMC are chrome, iron and manganese ore which cater to the requirement of mineral based industries such as steel, sponge iron, pig iron, ferromanganese, ferrochrome, .
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