Odisha mining auction

Yazdani Steel bags Kalmong iron ore mine in Odisha


New Delhi: Yazdani Steel has bagged Kalmong iron ore and manganese mine in the Odisha mining auction, said official sources on Wednesday.

Yazdani Steel, an Odisha based mining company, bagged the Kalmong iron mine committing to pay 100 per cent of the average sale price to the Odisha government.

The mine in Sundargarh district has an estimated ore reserve of 1.40 MT iron ore and 3.695 MT manganese.

This was 13th of 19 mines enlisted for auction in Odisha.

Earlier, Vishal LPG Fuels Pvt Ltd has bagged Nadidih iron ore and manganese mine in Odisha’s Sundargarh.

The company has committed to pay 142.35 per cent of the average sale price to the Odisha government.