RINL to develop its 1st captive iron ore mine

 

NEW DELHI .  Public sector RINL (also known as Vizag Steel) will develop its first captive iron ore mine in Rajasthan soon, an official of the company said on Saturday.

 

 

 

"We have received the letter of intent (LoI) from the government for developing a low-grade iron ore mine in Rajasthan," Director (Finance) P Madhusudan said..BUsiness Standard.

 

 

 

This would be the first captive mine of RINL, he said on the sidelines of the annual general meeting of the Refractory Manufacturers' Association here.