Dhawadi Iron Company Prepares Iron Ore Extraction Plan
Summary
Dhawadi Iron Company Limited has prepared a plan to extract iron ore from a mine in Dhawadi, Nawalparasi, estimating reserves of 96 million tons across two blocks. The company says the project could meet about 25 percent of Nepal’s iron import demand once it begins production.
Key Points
- Dhawadi Iron Company Limited has submitted a report to the Department of Mines and Geology for iron extraction from a mine in Dhawadi, Hupsekot Rural Municipality-5, Nawalparasi.
- The company estimates that 96 million tons of iron can be extracted from the 41-square-kilometer mine area, divided into Dhawadi Pokhari Block and Durlung Block.
- Environmental impact assessment work is underway, and preparation of the Detailed Project Report will begin soon.
- Company director Shailesh Kumar Thapa said the mine could help replace around 25 percent of Nepal's iron import demand and create jobs.