Government moves iron ore exploration forward

KATHMANDU, DECEMBER 26: The government has taken the initiative to explore iron ore in the country itself to minimise the iron import from India. The exploration-related works are being carried out after a study carried out by the Department of Mines and Geology found that there are iron ore deposits from west Namjakot to east Dhaubadi under Hupsekot Rural Municipality-5 in the Gandaki province.

‘Dhaubadi Iron Company Limited.’, a company formed in February 2020, is responsible for carrying out such works.  Chief Executive Officer of the Company, Dr. Janak Bahadur Chand, said the Company studied the quality of iron ore and volume of deposits as well as completed a geological study, drilling act and chemical testing at the iron mines area.

The Company is carrying out financial and commercial feasibility despite limited resources and human resources, he mentioned. It has moved the process for land acquisition at Kawasoti municipality and Devchuli municipality for the industry forward. The government has already sent five tonnes of iron to the Sichuan Institute of Metallurgical Geology and Exploration, Chengdu of China, for the test. The Chinese lab informed that the mine has the iron appropriate for industrial production.

RSS