BHUBANESWAR | Jun 14, 2015: The state government recently recommended to Centre mining lease of Kutrumali and Sijimali bauxite mines in favour of Larsen & Toubro (L&T). The move came after the company communicated to the state government to set up a 3 mtpa aluminium plant in Rayagada district.
"The state government has imposed a condition that the minerals from the two mines would only be utilized in its (L&T) plant," said director of mines Deepak Mohanty.
The details about the investment plan is yet to be known. The two bauxite mines, located across Rayagada and Kalahandi districts, have combined reserve of 300 million tonne of bauxite. With the recent development, Vedanta's hope to mine bauxite in the two reserves for its refinery at Lanjigarh has dashed.
(Source: http://timesofindia.indiatimes.com/)