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Chhattisgarh extends NMDC's iron ore mining leasing in Bailadila Sector

The deposits have been extended for the period of 20 years i.e. upto September 2035

NMDC under pressure to cut iron ore prices for April
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T E Narasimhan Chennai
Chhattisgarh Government has extended Mining Leases of Bailadila Iron Ore Projects NMDC Limited.

The deposits have been extended for the period of 20 years i.e. upto September 2035.

NMDC operates three iron-ore complexes in the country. Two of these are in Dantewada district of Chhattisgarh – contributing to a major portion of the company’s total output while one is located in Karnataka’s Donimalai.

Of NMDC’s 33-million tonnes per annum (MTPA) production, Chhattisgarh’s two complexes in Bacheli and Kirandul under Bailadila projects contributed about 24 MTPA in FY19.

At Chhattisgarh, of the five mines in Bailadila Sector, leases for four mines