MoneyWorks4Me

Adhunik Metaliks’ arm gets extension of lease for three manganese ore mines

15 Jul 2015 Evaluate

Adhunik Metaliks’ wholly owned subsidiary - Orissa Manganese & Minerals (OMML), has been granted extension of lease for its three manganese ore mines (Patmunda, Orahuri & Kusumudhi) till March 31, 2020 under merchant category. Patmunda mine has already re-started operation.

The requisite stamp duty and registration charges have already been deposited to the State Government of Odisha. OMML has requested the Government to extent the lease of these mines for further 10 years under captive clause.

Adhunik Metaliks is the flagship company of the Kolkata-based Adhunik Group of Industries and is engaged in manufacturing of wide range of special steels used for different applications in the fields of automobile, construction and engineering.


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Company Name CMP
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