Exploitation of Bauxite Deposits in Visakhapatnam
GO AP through G.O.Ms.No. 999, dt. 25.10.1975 reserved Bauxite bearing areas in Visakhapatnam and East Godavari Districts for exclusive exploitation in public sector. All these areas fall in scheduled and Forest areas. Reserves in Araku group over 2.69 sq.kms consist 54.47 million tonnes and Chintapalli group over 28.71 sq.kms consist 491.89 million tonnes Metallurgical grade Bauxite. Total reserves in both groups over 31.40 sq.kms work out to 546.36 million tonnes. The Corporation filed 25 ML applications covering 4,775 ha.
An MOU was signed on 01.07.05 between GoAP and M/s. Jindal South West Holdings Ltd., The JSWHL will set up Alumina and Aluminium refinery and smelter to produce about
2.5 lakh MTs Aluminium per annum initially with a provision for suitable expansion and with a capital outlay of Rs. 9,000 crores. APMDC shall supply Bauxite from the deposits of Araku group and Sapparla group consisting 2,446 ha and containing 240 million tonnes. A minimum of 0.5% of revenue shall be spent on health, training, social infrastructure and welfare of Tribals.
The Corporation is already imparting training to 200 Tribal Youth by paying stipend of Rs.3000/- per each and also providing lodging and boarding in mining and allied activities to absorb them in the industry as far as possible.
Also another MOU was signed on 14-2-2007 between GOAP and Govt. of Ras Al Khaimah, United Arab Emirates. The Govt. of Ras Al Khaimah incorporated an Indian Company namely M/s An Rak Aluminium Limited, who will set up Alumina and Aluminium refinery and smelter to produce about 2.5 lakh MTs of Aluminium per annum initially with a provision for suitable expansion and with a capital outlay of Rs.9,0000 crores. APMDC shall supply Bauxite from the deposits of Jerrela group consisting 1162 ha. and containing 224 million tonnes. The process of getting Forest, Environmental Clearance from Govt. of India, Mining Plans approval from IBM in respect of the 4 Bauxite Blocks of Jerrela on priority is pursued as part of grant of mining leases.
GO AP through G.O.Ms.No. 999, dt. 25.10.1975 reserved Bauxite bearing areas in Visakhapatnam and East Godavari Districts for exclusive exploitation in public sector. All these areas fall in scheduled and Forest areas. Reserves in Araku group over 2.69 sq.kms consist 54.47 million tonnes and Chintapalli group over 28.71 sq.kms consist 491.89 million tonnes Metallurgical grade Bauxite. Total reserves in both groups over 31.40 sq.kms work out to 546.36 million tonnes. The Corporation filed 25 ML applications covering 4,775 ha.
An MOU was signed on 01.07.05 between GoAP and M/s. Jindal South West Holdings Ltd., The JSWHL will set up Alumina and Aluminium refinery and smelter to produce about
2.5 lakh MTs Aluminium per annum initially with a provision for suitable expansion and with a capital outlay of Rs. 9,000 crores. APMDC shall supply Bauxite from the deposits of Araku group and Sapparla group consisting 2,446 ha and containing 240 million tonnes. A minimum of 0.5% of revenue shall be spent on health, training, social infrastructure and welfare of Tribals.
The Corporation is already imparting training to 200 Tribal Youth by paying stipend of Rs.3000/- per each and also providing lodging and boarding in mining and allied activities to absorb them in the industry as far as possible.
Also another MOU was signed on 14-2-2007 between GOAP and Govt. of Ras Al Khaimah, United Arab Emirates. The Govt. of Ras Al Khaimah incorporated an Indian Company namely M/s An Rak Aluminium Limited, who will set up Alumina and Aluminium refinery and smelter to produce about 2.5 lakh MTs of Aluminium per annum initially with a provision for suitable expansion and with a capital outlay of Rs.9,0000 crores. APMDC shall supply Bauxite from the deposits of Jerrela group consisting 1162 ha. and containing 224 million tonnes. The process of getting Forest, Environmental Clearance from Govt. of India, Mining Plans approval from IBM in respect of the 4 Bauxite Blocks of Jerrela on priority is pursued as part of grant of mining leases.
Exploitation of Heavy Mineral Beach Sands
The Corporation already filed applications for grant of MLs in Visakhapatnam, Vizianagaram and Srikakulam Districts covering 156.59 sq.kms. M/s Bothli trade AG, Switzerland based company evinced interest to establish Titanium Sponge and Titanium Metal Industry with an investment of about of Rs.4,000 crores. The GoAP entered into an MOU with M/s Bothli Trade AG on 18-4-2006 covering an extent of 82.37 sq.kms. and consequently the Corporation entered into an agreement on 24-08-2006 with M/s Bothli. The Corporation proposes to consider additional extent of 33.33 Sq.Kms. subject to approval of GoAP.
M/s V.V.Mineral, Chennai also evinced interest to form Joint Venture with the Corporation for mining and mineral separation of Heavy Mineral Beach Sands and also establishment of Value added unit based on the deposits in Srikakulam District over an extent of 14.78 sq.kms. Accordingly the Corporation entered into an agreement with M/s V.V.Minerals Pvt.Ltd., on 30-12-2006 as approved by the GoAP.
Exploitation of Calcite Deposit
The Corporation holds leases for Calcite in Visakhapatnamdistrict. The Corporation already initiated action to exploit the deposit in Nimmalapadu through rising and sale contracts and expects to produce about 24,000 MTs with a profit of 30%.
The Corporation already filed applications for grant of MLs in Visakhapatnam, Vizianagaram and Srikakulam Districts covering 156.59 sq.kms. M/s Bothli trade AG, Switzerland based company evinced interest to establish Titanium Sponge and Titanium Metal Industry with an investment of about of Rs.4,000 crores. The GoAP entered into an MOU with M/s Bothli Trade AG on 18-4-2006 covering an extent of 82.37 sq.kms. and consequently the Corporation entered into an agreement on 24-08-2006 with M/s Bothli. The Corporation proposes to consider additional extent of 33.33 Sq.Kms. subject to approval of GoAP.
M/s V.V.Mineral, Chennai also evinced interest to form Joint Venture with the Corporation for mining and mineral separation of Heavy Mineral Beach Sands and also establishment of Value added unit based on the deposits in Srikakulam District over an extent of 14.78 sq.kms. Accordingly the Corporation entered into an agreement with M/s V.V.Minerals Pvt.Ltd., on 30-12-2006 as approved by the GoAP.
Exploitation of Calcite Deposit
The Corporation holds leases for Calcite in Visakhapatnamdistrict. The Corporation already initiated action to exploit the deposit in Nimmalapadu through rising and sale contracts and expects to produce about 24,000 MTs with a profit of 30%.
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