Siljoda-Kalimati Composite Mine In Odisha Goes Under The Hammer; Know The Bidders

New Delhi: Bidding for another composite mine – Siljoda-Kalimati – in Odisha began on Thursday.

The lease of this iron ore ore and manganese block is currently with ML Rungta.

Ten mining companies are eyeing this mine with estimated reserve of 0.72 MT iron ore and 3.846 MT manganese.

The bidders include Yazdani International (P) Ltd, Altrade Minerals Pvt Ltd, South-west Mining Ltd, Rungta Sons (p) Ltd and Vendanta Ltd.

This is the 14th of 19 mines enlisted for auction in Odisha.

Yazdani International (P) Ltd had bagged Kalmong iron ore and manganese block at a premium of 100 per cent on Wednesday (February 12).

On Tuesday (February 11), Vishal LPG Fuels Pvt Ltd bagged another composite mine, Nadidih iron ore and manganese mine in Odisha’s Sundargarh.

Lessee Ghanashyam Misra and Sons Pvt Ltd Mishra & Sons Pvt Ltd retained Gorumahisani iron ore block in Odisha auction at a premium of 115 per cent the same day.

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 Odisha on Monday (February 3).