Business Line cited Mr AP Choudhary CMD of Rashtriya Ispat Nigam Ltd as saying that RINL is considering setting up a 10 million tonne per annum iron ore beneficiation and pellet plant at Bhilwara.

Mr Choudhary said that the Rajasthan Government has recommended allotment of one iron ore mine to RINL at Bhilwara and the proposal is under active consideration of the Mines Ministry. The last stage formalities are being worked out and we expect to get a mineral concession for the Bhilwara iron ore mine. The estimated iron ore reserve at the Bhilwara mine is pegged at 320 million tonne.

He said that the investment in the proposed beneficiation and pellet plant at Bhilwara is still being worked out. RINL, which is in the midst of expanding its capacity from 3 to 6.2 million tonne per annum, depends mainly on another state owned entity NMDC for its raw material requirement.

The public sector steel maker expects to secure an iron ore mineral concession from the Rajasthan Government soon.

Source - Business Line

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