Jindal Steel and Power bags Kasia mine at 118% premium
![](https://img.etimg.com/thumb/msid-86356692,width-1070,height-580,imgsize-103532,overlay-economictimes/photo.jpg)
“The mine isnt cheap but is commercially viable and value-accretive as this is the best iron ore mine in Odisha with high Fe and low alumina ore,” said Kapil Mantri, executive vice president and head-strategy, JSPL. “The mine has huge strategic importance for JSPL since after this we are over 50% secured for procurement of iron ore.”
via Economictimes
Post a Comment