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

Indian state-owned company KIOCL received environmental clearance from the Ministry of Environment, Forest, and climate change for the proposed Devadari mine with a capacity of 2mn mt of iron ore and 500mt of manganese ore. The project will also have 2mn mt of wet beneficiation plant spanning across 401.57 hectors located at Devadari Hill. 

KIOCL’s pellet production was at 603,000mt in Q1 FY2022, up by 18pc from the prior year. Dispatches also rose by 11pc to 631,000mt in the same period.


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