Rungta emerged as the highest bidder for the Bailadila Deposit 01C iron ore mine, offering a premium of 152% at the auction for the same. The block, of around 825 Ha, is located in the Dantewada district, Chhattisgarh, and has geological resources of 129.93 mnt. The mine comprises deposits of average-grade Fe 62.81% iron ore.
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