Suraj Rock Cutting plans Iron Ore & Sponge Iron in Karnataka

In Sanklapura Village, Bellary, Karnataka, Suraj Rock Cutting & Transport Services intends to establish a new iron ore beneficiation and sponge iron plant project. The project is anticipated to be finished in the first half of 2025 and have a 100 TPD sponge iron capacity.

The total estimated budget for the project is 24.40 crores. The project will be financed through a mix of equity and debt.

The project is currently in the stage of being approved. Currently awaiting approval from the government. There is currently no other information that has been decided.

News By Rahul Yelligetti