Jindal Steel Secures Thakurani-A1 Iron Ore Block in Odisha

Jindal Steel Ltd has announced its selection as the preferred bidder for the Thakurani-A1 Iron Ore Block in Odisha. The announcement was made on March 11, 2026, following the conclusion of an online auction conducted by the Government of Odisha. The block is located in Keonjhar and covers an area of 202 hectares.

The auction was part of a round involving 12 virgin mineral blocks, which were notified by the Odisha Directorate of Mines and Geology in December 2025. Jindal Steel has committed to paying a 101 percent premium to the government for the rights to the block. The Thakurani-A1 block is classified as G3-level explored and contains approximately 50 million tonnes of iron ore resources, according to government documents.

This acquisition is a significant step for Jindal Steel in expanding its mining operations. The company operates on a mine-to-metal model, leveraging captive resources and advanced manufacturing capabilities. The addition of the Thakurani-A1 block is expected to enhance its resource base and support its integrated steel production processes.

Jindal Steel Limited is a major player in the steel production industry in India. The company focuses on delivering high-performance steel solutions through its robust mine-to-metal model. It operates state-of-the-art facilities in Angul, Raigarh, and Patratu, and maintains strategic operations across India and Africa. Jindal Steel’s diversified product portfolio supports core sectors such as infrastructure, construction, and manufacturing.