Tag: maharashtra iron ore block auctions

India: AM/NS wins Satarda iron ore block in Maharashtra auctions

Apr 4, 2022

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by

P Anjali

in Fines/Lumps

ArcelorMittal Nippon Steel India Limited (AM/NS India) placed the highest bid for the Satarda iron ore block in the mines auctions in Maharashtra quoting a premium of 71.25%, SteelMint learnt from sources. The Satarda block is spread over 1,200 hectares (ha) with exploration done up to the G4 level. It has low-grade iron ore reserves…