JSW Steel Ltd.

JSW Steel has been declared as the ‘Preferred Bidder’ vide communication dated February 15, 2020 received from the Director of Mines, Odisha for 3 iron ore mines (Nuagaon Iron Ore Mine, Narayanposhi Iron & Manganese Ore Mine, Ganua Iron Ore Mine) in the State of Odisha, in the Auctions held by the State Govt. of Odisha on January 31, 2020, February 1, 2020 and February 4, 2020, respectively.

The estimated iron ore resources of the aforesaid mines are around 1091.835 Million tonnes. The Company will take all requisite steps as per the tender document to obtain Letter of Intent, all statutory clearances, execute Mine Development and Production Agreement (MDPA) and start the mining operations.

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.