Orissa Minerals Development Company (OMDC) a subsidiary of Rashtriya Ispat Nigam (RINL) operates six Iron Ore and Manganese Ore mining leases at Barbil in the district of Keonjhar Odisha. The leases are Dalki Manganese Mines Kolha Roida Iron & Manganese mines Thakurani Iron & Manganese Mines Belkundi Iron & Manganese Mines Bariaburu Iron Mines and Bhadrasai Iron & Manganese Mines. The lease rights of all the six mines have expired and the six mines are inoperative for want of Statutory Clearances for which necessary actions is taken by the company to start mining. The company is meeting its expenses from the interest earnings.
Grow your wealth with more research recommendations