JINDAL STEEL WINS IRON ORE BLOCK IN ODISHA

has won the Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Odisha's Keonjhar district. The company secured this strategic acquisition by committing to a final price offer of 111.15% premium to the Government of Odisha following a successful online auction concluded in March 2026. The iron ore block represents a significant addition to the company's mining portfolio, spanning approximately 84 hectares in the mineral-rich Keonjhar district. According to government records, the block has been explored up to the G2 level and contains substantial mineral wealth for the company's steel manufacturing operations. is one of the India's leading steel producers with significant presence in sectors like steel and mining. It's stock price has surged 35% in the last 1 year and 280% in the last 5 years thereby giving good returns to it's shareholders.