ArcelorMittal Nippon Steel starts operations at iron ore mine in Odisha

Spread over 139.165 hectares, the block has estimated resources of 98.61 million tonnes and was the first to be auctioned under the Mineral Auction Rule, 2015

ArcelorMittal Nippon Steel India (AM/NS India) said on Thursday that it has commenced operations at the Ghoraburhani- Sagasahi iron ore mine in the district of Sundargarh in Odisha.

Spread over 139.165 hectares, the block has estimated resources of around 98.61 million tonnes and was the first to be auctioned under the Mineral Auction Rule, 2015.

The captive mine is set to produce two million tonnes of high-quality iron ore in the current calendar year and production will gradually be ramped up to its rated capacity of 7.16 million tonnes per annum, the company said.

It will initially operate with direct