GSI finds iron ore reserves in Karnataka and TN

The Geological Survey of India (GSI) has found fresh iron ore reserves of more than 22 million tonnes in Tamil Nadu and Karnataka.

NEW DELHI: In what could provide welcome respite to the domestic steelmakers, the Geological Survey of India (GSI) has found fresh iron ore reserves of more than 22 million tonnes in Tamil Nadu and Karnataka.

The state-run company has found four blocks of iron ore in Namakhal blocks in Tamil Nadu having reserves of 14.03 MT of magnetite ore with Ferrous content ranging between 31 to 37 per cent, according to Mines Ministry sources.

GSI has also found 8 mt of iron ore in Sandur Schistbelt in Bellary district of Karnataka with Fe content of above 55 per cent.

Besides the GSI has also discovered good quality ore in Ghutang and Pahargada blocks in Kenduhar district of Orissa and at Aridongri and Chhattisgarh.

GSI discovered this ore during the last fiscal ending March 31 this year.

Moreover, the company had found two kimberlite pipes each in Mahaboobnagar and Anantpur districts of Andhra Pradesh during the period, they added.
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