India: MSPL wins Rajapura North iron ore mine block in Karnataka

  • MSPL Limited has won the Rajapura North iron ore block at a premium of 167.1%. The 34.97 Ha block has geological resources of 8.539 mnt and has Fe 58.06% (haematitic iron ore), Fe 40.73% (haematitic siliceous ore) and Fe 36.48% (BMQ).
  • PMB Rare Minerals Private Limited secured the Rajapura South iron ore block at a 130% premium. The 18.74 Ha mine holds 3.116 mnt of geological resources.

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