Jindal Saw to Mine Iron Ore in India

5 January 2011 (Last Updated January 5th, 2011 18:30)

OP Jindal Group subsidiary Jindal Saw will mine iron ore from a deposit in Rajasthan, India, that is estimated to contain 180 million tons of iron ore reserves. Jindal Saw signed a mining lease agreement with the state government to obtain a 15.6 million square metre area for 30 years.

OP Jindal Group subsidiary Jindal Saw will mine iron ore from a deposit in Rajasthan, India, that is estimated to contain 180 million tons of iron ore reserves.

Jindal Saw signed a mining lease agreement with the state government to obtain a 15.6 million square metre area for 30 years.

The company is building a beneficiation plant to produce around 6,000t of concentrate a day.

The iron ore will be used primarily to produce pipes.