Odisha govt had invited bids for auction of Badampahar Iron ore and manganese mines lease in which 29 companies had actively participated including Rungta Sons, Yazdani, Kashvi Power, Super Smelter, Vedanta Ltd, Triveni Ignicon (P) Ltd, S.D Formento, etc. In latest update received on the mine auction process, thirteen companies qualified the technical round.
M/s Lal Traders & Agencies (P) Ltd was the existing lessee of Badampahar iron ore mine block. The mine has an EC limit of 1.5 MnT pa. The mine has a total geological resource of 6.16 MnT iron ore. Production of iron ore from the mines was recorded at around 0.72 MnT in FY’19.
Details of Badampahar iron ore mine block
| Details of Badampahar iron ore mine block | |
| Tahasil/Taluka | Kusumi |
| District | Mayurbhanj |
| State | Odisha |
| Area(Hectares) | 129.61 Ha. |
| Exploration | G1/G2 |
| EC Limit | 1.5 mn t pa |
In line with MMDR (Amendment) Act 2015, Odisha govt. towards early Feb’20 had put up 20 major iron ore and manganese mines for auction whose lease was expiring in March 2020. However, the auction process of Badampahar was put on hold due to some legal issues.
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