[SMM Steel] Jindal Steel Limited emerges as preferred bidder for Thakurani A1 iron ore block in Odisha, India

Published: Mar 11, 2026 16:44

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According to an Odisha government official on Wednesday, March 11, Jindal Steel Limited was named the preferred bidder for the Thakurani A1 iron ore block after submitting the highest bid in an auction of 12 mineral blocks. Once the contract is signed, the block will provide raw materials for the company's Angul steel mill. The block has estimated reserves of 50 million mt, with an expected annual extraction of 1.5-2 million mt. Development of the block is anticipated to take three years.

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