Andhra Pradesh extends the Garbham Manganese Mine lease
Shri Atul Bhatt, Chairman and Managing Director of Rashtriya Ispat Nigam Limited (RINL), reportedly conveyed his heartfelt gratitude to the Chief Minister of Andhra Pradesh, Shri Nara Chandrababu Naidu, for his visionary leadership in facilitating the extension of the Garbham Manganese Mine lease to RINL. This extension is regarded as a significant milestone for the company, as it ensures the continued availability of manganese ore necessary for meeting production requirements. Shri Atul Bhatt also expressed his sincere appreciation to Shri Palla Srinivasa Rao, Hon?ble MLA of Gazuwaka, Visakhapatnam, and President of the Telugu Desam Party, AP, as well as to Shri M. Sri Bharat, Hon'ble Member of Parliament for Visakhapatnam, for their unwavering efforts in advocating for this matter. He acknowledged that their support and active involvement were crucial in securing this essential resource for RINL, thereby reinforcing the company?s dedication to contributing to the nation?s growth and development.
It was noted that the lease area of the Garbham Manganese Mine spans 654 acres, with RINL?s annual consumption of manganese amounting to approximately 6,000 tons. Manganese is a critical component used in blast furnaces for producing hot metal.
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