Vedanta declared preferred bidder for Janthakal iron ore mine in Karnataka

Mr. Jindal
1 Min Read

Vedanta has emerged as the successful bidder for Janthakal iron ore mine in Chitradurga. File photo for representational purpose.

Vedanta has emerged as the successful bidder for Janthakal iron ore mine in Chitradurga. File photo for representational purpose.
| Photo Credit: Reuters

Vedanta Limited, a natural resources and critical minerals company, has been declared as the preferred bidder for the Janthakal iron ore mine in Chitradurga.

The company emerged successful in the e-auction process conducted by the Department of State Mines and Geology.

The Janthakal block spans 71.16 hectares and is categorised as a G3 level exploration site, according to a company release.

The award is subject to subsequent approvals, clearances, and fulfilment of conditions laid out in the tender.

During the quarter, Hindustan Zinc Limited (a Vedanta Group company) secured two critical mineral blocks, Potash in Rajasthan and Rare Earth Elements (REEs) in Uttar Pradesh, the company’s release said.

Share This Article
Leave a Comment