Gallant Ispat Ltd. has emerged as the preferred bidder for two iron ore blocks in Uttar Pradesh. The company secured the Bharhari block (Block-B) with a 93.91% premium in the auction held on 13 Jun’25, and the Sobna-Chakriya block (Block-C) with a 125.51% premium during the 17 Jun auction. The average iron grades for the blocks range from Fe 35.46–38.84% and Fe 37.39–39.46%, respectively.
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