India: Shree Cement receives first non-coal mining lease in Chhattisgarh
Shree Cement has won the first ever non-coal mining lease auctioned by the state government of Chhattisgarh, India. The Indian Bureau of Mines (IBM) price of limestone in Chhattisgarh was INR483.17/t. Shree Cement offered to pay INR284/t — the highest bid that was 58.95 per cent of IBM price.
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