The company has announced that the Mining Lease deed document executed between Govt. of Karnataka and KIOCL Limited for the grant of a mining lease for Iron Ore and Manganese Ore has been registered.
Govt. of Karnataka has executed the Mining Lease deed on January 2, 2023 with KIOCL Ltd. for grant of a mining lease for Iron Ore and Manganese Ore, over an extent of 388 ha for a period of 50 years in Devadari Range, Sandur Taluk, Ballari.
Sunflag Iron and Steel Company Limited has received grant of mining lease to the Company for Bajna Iron Ore Block for Iron Ore and Manganese Ore in Bajna Village, Baxwaha Taluka, Chhatarpur District.