Archive for February 6, 2020

JSW Steel bags iron ore mines in Odisha

February 6, 2020 Leave a comment

Recently, JSW Steel won the largest iron ore block, the Nuagaon mine, in Odisha with estimated reserve of around 118.92 million tonnes. The company has already bagged two mines — Nuagaon and Narayanposhi — with a total reserve of 980 million tonnes.

Next on the line for auction is Jilling-Langalota iron ore block with an estimated reserve of 72.84 million tonnes in Odisha’s Keonjhar district. Among the nine technically qualified bidders, Adani Enterprises, Serajuddin & Co, JSW Steel, Rungta’s Feegrade and ESSEL Mining Industries have emerged as the top contenders.

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