Ambuja Cement secures limestone resource
Published by Jonathan Rowland,
Editor
World Cement,
Indian cement producer, Ambuja Cement, part of LafargeHolcim, has secured a limestone block at Nandgaon Ekodi in the Chandrapur district of Maharashtra, India. The block was secured via e-auction tender to the state government of Maharashtra.
Ambuja operates an integrated cement plant in Chandrapur, one five integrated plants the company runs in India. It also operates a number of grinding units across India for a total production capacity of 29.65 million tpy.
The limestone block secured by the company contains an estimated limestone resource of 42 million t. It was secured for a final bid price of 125.05% of value of mineral dispatched, according to a company statement to the Bombay Stock Exchange.
Read the article online at: https://www.worldcement.com/indian-subcontinent/06072017/ambuja-cement-secures-limestone-resource/
You might also like
The World Cement Podcast
In this special joint episode of the World Cement Podcast, and Cementing Europe’s future, the podcast of CEMBUREAU, David Bizley and Koen Coppenholle take a deep dive into the Clean Industrial Deal and a discussion of what it means for the European cement industry.
Listen for free today at www.worldcement.com/podcasts or subscribe and review on your favourite podcast app.
Carbon Upcycling closes US$18M investment led by Builders Vision
Carbon Upcycling Technologies have announced the closing of its US$18 million investment round led by Builders Vision, a team of investors and philanthropists accelerating tomorrow's most promising solutions across agriculture, food, and oceans.