Jul 23 2020018332ArcelorMittal India has commenced operations at Thakurani iron ore block in Odisha The announcement was made by ArcelorMittal Nippon Steel India which is a 6040 joint venture between L N Mittal owned ArcelorMittal and Japan based Nippon Steel Corporation Get latest Economy online at.
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However in order to achieve backward integration reduce operating costs and to ensure uninterrupted accessibility to iron ore we have executed a lease agreement with the government of Odisha to lease a mine located in Sirkagutta Keonjhar district Odisha for 50 years The mining operations have not yet commence subject to regulatory.
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Live ChatJul 31 2016018332The iron ore mine in Odisha is expected to meet 50 per cent of the firms pellet making facility at Paradeep The pellets produced at our Odisha facility are meant primarily for use in our own 10 million tonnes per annum integrated steel plant at Hazira Any surpluses available are being considered for saleexports said the spokesperson.
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Live ChatIron ore for SAILs Rourkela Steel Plant RSP is supplied from its Bolani and Barsuan mines in Odisha As per available data the total supply from these two mines would be around 5 9 mt in FY13 Meanwhile RSP is currently expanding its crude steel capacity from 2 17mtpa to 4 2mtpa which would imply an increase in iron ore requirement from.
Live ChatJul 31 2016 183 Currently Essar Steel runs a 12 million tonnes per annum mtpa iron ore beneficiation plant at Dabuna in Keonjhar district and six mtpa pelletisation complex at Paradeep The iron ore mine in Odisha is expected to meet 50 per cent of the firms pellet making facility at Paradeep.
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Live ChatFeb 07 2020018332Mumbai JSW Steel is closely watching all the upcoming iron ore mine auctions as the company is in the final stages to acquire land in Odisha for a proposed greenfield project a top executive said We remain interested in the upcoming iron ore mining auctions because we would like to have a backward linkage director commercial marketing amp corporate strategy Jayant Acharya told ET.
Live ChatJan 31 2020018332Auction of working mines in Odisha kicked off today with JSW Steel emerging as the highest bidder for the massive Nuagaon iron ore block with a bid of 95 2 per cent This is the first of 19 iron ore mines that are up for grabs before their leases expire on 31 March 2020 Bidding for the block larger than all the rest of them put together started with a floor price of 89 4 per cent of sale price.
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