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India Business · business-standard.com · Friday, 7 August 2026

Coal India wins Odisha’s Gadadharpur iron ore block, pays 114% premium

State‑run Coal India landed the 288‑million‑tonne Gadadharpur iron‑ore block in Odisha, outbidding rivals with a 114% auction premium. The move thrust the coal giant into a market dominated by NMDC, signalling a strategic push into mineral diversification as India seeks to boost domestic steel raw material supply.

Read the source: business-standard.com ↗In the 7 August issue →