Shyam Metalics announces award of LoI for grant of composite licence for Surjagad 1 Iron Ore Block to Natural Resources Energy

Shyam Metalics & Energy announced that Natural Resources Energy (NREPL) an Associate Joint Venture Company of one of the company's promoter Company i.e. Dorite Tracon, which holds 49% economic interest, has been awarded the Letter of Intent for Composite Licence by the Industry, Energy, Labour and Mining Department, Government of Maharashtra, for Surjagad 1 Iron Ore Block for an area of 1526 Hectare in the State of Maharashtra.

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