Prism Cement has received Letter of Intent (LoI) from Madhya Pradesh Government for allotment of cement grade limestone mining lease for 50 years in Villages Chulhi and Majhiyar, District Satna, Madhya Pradesh, with about 23.6 million tons (MT) of reserves, subject to completion of formalities.
The application for this mining lease was made under the earlier regulations and was under processing by the State Government. The mining lease would be captive to the cement plants of the company at Satna, Madhya Pradesh.
Prism Cement is one of India’s leading integrated Building Materials Company, with a wide range of products from cement, ready-mixed concrete, tiles, bath products to kitchens.
