India: Jindal Steel wins Thakurani-A1 iron ore block auction in Odisha

Jindal Steel Ltd has emerged as the highest bidder in the Thakurani-A1 iron ore mine block auction, offering a premium of 101.20%. The block, of around 202.781 Ha, is located in the Keonjhar district of Odisha and has geological resources of 50.532 mnt. The mine comprises deposits of average-grade Fe 40.066-60.256%.


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