Home » ArcelorMitta´s Rs.50,000-crore mining project fails to get green nod

ArcelorMitta´s Rs.50,000-crore mining project fails to get green nod

ArcelorMitta´s Rs.50,000-crore mining project fails to get green nod
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The Environment Ministry has shot down a Rs 50,000-crore proposal from ArcelorMittal for a mining project in the dense Saranda forest area of Jharkhand. The move has dealt a blow to ArcelorMittal India´s big mining plans for iron and manganese in the state ahead of its lease expiry this month. The Jharkhand government, led by the BJP, had given its nod for the project. The company was targeting a 12 million tonnes per annum steel plant in Jharkhand.

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