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BRIEF-Prakash Industries says Odisha govt executed mining lease agreement in favour of co
January 11, 2017 / 11:03 AM / 9 months ago

BRIEF-Prakash Industries says Odisha govt executed mining lease agreement in favour of co

Jan 11 (Reuters) - Prakash Industries Ltd :

* Says update on iron and manganese ore mine

* Government of Odisha has executed and registered a mining lease of iron and manganese ore in favour of co for a period of 50 yrs

* Says mine expected to be developed in next 6 months

* Says with this captive sourcing, the operating margin and profitability of co would improve significantly Source text: bit.ly/2j0J8Z5 Further company coverage:

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