Jindal Steel secures iron ore and manganese block

Jindal Steel & Power has announced it secured a Letter of Intent from the Government of Odisha for a 50-year mining lease for the Roida-I Iron Ore and Manganese Block. Located in the Keonjhar District and spread across 104.84 hectares, the block is a vital resource for the company's raw material security. The Roida-I Block comes with an Environmental Clearance capacity of 3 million tonnes per annum and a mineral deposit of 126.05 million tonnes. The letter follows Jindal Steel's successful participation in an e-auction held in June 2025. The company intends for this acquisition to ensure operational stability, cost efficiency, and support the company's growth plans.