Premium
Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look out for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction.
The lease for four of its existing iron ore mines – Joda East, Noamundi, Katamati and Khondbond – which feed the domestic operation with low cost iron ore, is going to expire in 2030, following changes in the mining regulations.
First Published: Aug 06 2023 | 1:29 PM IST