JSW Steel Ltd.

JSW Steel has bagged fourth iron ore mine in the ongoing auctions in Odisha with the latest win of Jajang block that holds estimated reserves of 39 million tonnes. With the latest catch, an iron ore reserves linkage of more than 1,100 million tonnes has been secured for the company which plans to set up a 12 million tonnes per annum (MTPA) steel plant involving huge investment of around Rs 53,000 crore in Odisha.

Earlier, JSW Steel won Odisha's largest iron ore block, the Nuagaon mine, with estimated reserves of around 790 million tonnes (MT), followed by Narayanposhi iron block with 190 MT reserves and Ganua iron ore mine with 118 MT reserves in the auctions in which players like ArcelorMittal, Vedanta, and Adani also placed bids.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.