Government-owned MMTC today said Neelachal Ispat Nigam has signed a mining lease agreement for iron ore, the basic raw material for operation of the company.
Neelachal Ispat Nigam (NINL) is the joint venture company promoted jointly by MMTC and the Odisha government.
“NINL...has signed a mining lease agreement on January 11, for iron ore, the basic raw material for operation of NINL,” MMTC informed the BSE.