Jsw Steel has informed that JSW Steel (‘the Company’) has 4 iron Ore Mining leases in the State of Odisha which were acquired through auction in 2020. Due to un-economic operation, the Company has submitted a notice for surrender of mining lease on 1.9.2023 as per applicable laws in respect of one mine, namely Jajang Iron Ore Block located in the district of Keonjhar, Odisha, out of the aforesaid 4 mines. The proposed surrender of the aforesaid mining lease is subject to approval by the Govt.
The above information is a part of company’s filings submitted to BSE.
