The world’s largest steel producer, ArcelorMittal, has applied for iron ore mine in Orissa as an initiative of its proposed Rs 400million Greenfield project at Keonjhar district.
According to the company official, earlier the company had applied for a prospecting license (PL) as well as mining lease for its proposed 12 million tonnes per annum steel mill and is likely to submit its detailed project report to the state government by July.
It requires about 600 million tonnes of iron ore for 30 years to operate its Rs 400million project to be located at Patana tehsil of Keonjhar district.
Though the company had not mentioned the name of any specific iron ore reserve, it had applied for PL for mines including Mankadanachha, Malangtoli and Thakurani in Keonjhar district and Badamgadapahad and Balipahada spread over both Keonjhar and Sundargarh districts, sources said.
It had submitted applications with the administrations of both the districts.
ArcelorMittal, which requires 7,750 acres for setting up its plant, CPP and township was also working on the forest diversion proposal.
Source: Commodityonline
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