Odisha Mines Auction: Khatau Narbheram & Co Retains Roida-II Iron Ore Block

New Delhi: Khatau Narbheram & Co on Friday retained Roida-II iron ore block in Odisha’s Keonjhar district at a premium of 90.90 per cent.

As many as nine companies were eyeing this block with iron reserve of 27.188 million tonnes.

Roida II is one of the mines reserved for the specified end users for production of sponge and pig iron, and steel.

This was the eight iron ore block of the enlisted 19 put up for auction by the state government.

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 Odisha on Monday (February 3).