KIOCL Ltd gets Environmental Clearance for Devadari Iron Ore Mine

The Ministry of Environment, Forest and Climate Change (Impact Assessment Division) (MOEF&CC), Government of India vide its letter dated 13 August, 2021 have intimated that MOEF&CC grants the proposal for Environmental Clearance of Devadari Iron Ore Mine with a mine capacity of 2 MTPA Iron Ore (ROM) and 500 TPA Manganese Ore with 2 MTPA wet Beneficiation Plant for 401.5761 ha (388.00 ha for mining + 13,5761 ha. for conveyor, approach road etc.) out of 485.7725 ha project area (470.40 ha mine lease area + 15.3725 ha conveyor, approach Road etc.) located in Devadari Hill Range in favour of KIOCL Ltd, subject to the certain specific and standard conditions.

Shares of KIOCL Limited was last trading in BSE at Rs. 267.55 as compared to the previous close of Rs. 271.2. The total number of shares traded during the day was 13504 in over 1250 trades.

The stock hit an intraday high of Rs. 276.7 and intraday low of 260.9. The net turnover during the day was Rs. 3674251.

Source : Equity Bulls

Keywords