Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The Chhattisgarh government extended the four iron ore mining leases of National Mineral Development Corporation Limited (NMDC), Bailadila region of Dantewada, district in Chhattisgarh for a period of 20 years, upto 2035, according to NMDC.

 

The mining lease deed execution concluded on Jan 10 and the registration formalities on Jan 13. 

 

The four mines cover Deposit-5, 10, 14 and 14 NMZ with an area of (in hectares) 540.05, 309.34, 322.36 and 506.7  hectare, respectively, and an annual capacity of 29mn mt of iron ore.

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