28
Sep
09:01
Tata Steel, Rungta bag Odisha iron ore mines
Tata Steel has bagged the Gandhalpada iron ore block in the Odisha iron ore mining auction, by offering the highest premium of 141.25%.
13 companies, including Tata Steel, AMNS India, JSPL, JSW and Essel Mining, participated in the technical round for this greenfield virgin iron ore mine, Kallanish notes.
The mine has an area of 2.41 square kilometres, with exploration done up to G2 level, and a geological resource of 314.37 million tonnes at 60.48% average Fe co…
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