Bhubaneswar: ArcelorMittal India Pvt Ltd has bagged the Thakurani iron ore block in Odisha, said an official on Monday.
ArcelorMittal won the Thakurani iron ore block committing to pay 107.55% of its sale value to the state government.
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.