India: Dalmia Cement wins limestone concession auction

Dalmia Cement has won the right to mine limestone in Odisha, eastern India, the Times of India reports.

Dalmia saw off competition from Adani Cement and Hira Cement for the limestone reserves, estimated at 98.7Mt. The winning bid will see Dalmia pay 12.05 per cent of the revenue generated from the mining operations to the state government.