Yazdani Steel has bagged Kalmong Iron Ore and Manganese Block

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By Our Correspondent

BHUBANESWAR: Yazdani Steel has bagged Kalmong iron ore and manganese mine in the Odisha mining auction, said official sources on Wednesday(February 12).

Yazdani Steel, an Odisha based mining company, bagged the Kalmong iron mine committing to pay 100 per cent of the average sale price to the Odisha government.

The mine in Sundargarh district has an estimated ore reserve of 1.40 MT iron ore and 3.695 MT manganese.This was 13th of 19 mines enlisted for auction in Odisha.

Earlier, Vishal LPG Fuels Pvt Ltd has bagged Nadidih iron ore and manganese mine in Odisha’s Sundargarh(February 12).The company has committed to pay 142.35 per cent of the average sale price to the Odisha government.

Lessee Ghanashyam Misra and Sons Pvt Ltd Mishra & Sons Pvt Ltd on Tuesday (February 11) retained Gorumahisani iron ore block in Odisha auction at a premium of 115 per cent.

On Sunday (February 9), Goa-based mining form Sociedad De Fomento Industrial Pvt Ltd bagged Nadidih iron ore block by committing to pay the average sale of 141.25 per cent to the state government.

Patnaik Minerals Pvt Ltd bagged Mahulsukha iron ore and manganese mines in Odisha, which went under the hammer, at a premium of 92.70 per cent on Saturday (February 8).

On Friday (February 4), Kolkata-based Khatua Narbheram & Co. retained the Roida II iron ore mines at a premium of 90.90 per cent.

JSW has won four blocks – Nuagaon (January 31),Narayanposhi (February 2) and Ganua (February 5) and Jajang (January 6) – with total ore reserve of 1,138.34 million tonnes.

Shyam Ore bagged the Jilling-Langalota iron ore block in Odisha’s Keonjhar district by committing to pay 135 per cent of average sale price to the Odisha government on Wednesday (February 5).

On Tuesday (February 4), Serajuddin and Co retained Balda iron ore block during the auction that went past midnight (2.41 am). ArcelorMittal India Pvt Ltd had won Thakurani iron ore block notified for auction in

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