RINL to get iron ore mining rights at Rajasthan - Report

Tuesday, 26 Jul 2011 |By ET

ET citing, 2 people directly involved in the development, reported that government is close to granting mining rights to Rashtriya Ispat Nigam at Bhilwara in Rajasthan.

As per report, RINL will get 350 million tonnes of iron ore.

Iron ore in Bhilwara has a ferrous content of about 45% to 50%.

Earlier this year, Jindal Saw entered into an agreement with Rajasthan giving it rights to at least 180 million tonnes of ore with a ferrous content of about 30%.