INSUBCONTINENT EXCLUSIVE:
KATHMANDU, DECEMBER 26The government has initiated activities related to iron ore
exploration in the country to minimize iron imports from India.
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Afghans
Iron extraction efforts have been
undertaken following a study conducted by the Department of Mines and Geology, which identified iron ore deposits stretching from west
Namjakot to east Dhaubadi under Hupsekot Rural Municipality-5 in Gandaki Province.The decision to pursue activities for the study of iron
exploration led to the establishment of 'Dhaubadi Iron Company Limited' in a cabinet meeting held on August 21, 2019
The company was officially registered as 'Dhaubadi Iron Company Ltd' at the Office of the Company Registrar on September 26, 2019, and began
operations in February 2020.
Dr Janak Bahadur Chand, the Chief Executive Officer of the company, stated that the company
conducted a comprehensive study on the quality and volume of iron ore deposits, completed geological studies, drilling activities, and
chemical testing in the iron mines area
Despite limited resources and personnel, the company has been conducting financial and commercial feasibility studies.The company has
initiated the process for land acquisition in Kawasoti Municipality and Devchuli Municipality for the industry.Meanwhile, the government has
sent five tonnes of iron to the Sichuan Institute of Metallurgical Geology and Exploration in Chengdu, China, for testing
The Chinese laboratory confirmed that the mine has iron suitable for industrial production.
This article first appeared/also appeared in https://thehimalayantimes.com