The Rajasthan Mines Department has started preparations for the auction of comprehensive licenses for iron ore blocks after the discovery of huge iron ore deposits near Hindong in Karauli district, officials said.
Mining Minister Anandi said that based on initial indications, more than 840 tons of iron ore are stored in Hoda, Dadaroli, Thodupura and Liloti near Karaulihindong. She added that new iron ore deposits would also create new opportunities for industrial development and employment in the state.
Indications of the iron ores magnetite and hematite have been found during preliminary exploration carried out by the department. Iron ore deposits are found in Khoda 462.3 hectares, Dadaroli 754.38 hectares, Todupura 260.71 hectares and Liloti 410.94 hectares.
Exploration work done by this department, both magnetic magnetite and hematite iron ore of ordinary nature can be found here. The block is ready for auction.
The auction of the comprehensive license will lead to further exploration in the area and it is believed that further exploration may produce additional iron ore reserves in the area. With the discovery of Karauli iron ore, the state’s industrial investment will gain greater development in the future. The steel and cement industries will get a boost, she said.
Many industries, including the iron ore and steel industries as well as the coal washing, ferroalloy, foundry, ceramics and cement industries, will have access to raw materials over a number of years, and as the state invests in these industries and establishes new industries, employment and income opportunities will Increase.
Anandi said that in view of the possibility of discovering more iron ore deposits in Rajasthan, exploration work is also underway in other places, while iron ore mining and exploration work is underway in Jaipur, Jhunjhunu, Bhilwara, Sikar, Alwar and other places. Also in progress.