Andhra Pradesh , Nov 12 : NSL, the Australian mining gaint centralized in-principle clearance by the Government of Andhra Pradesh for building up an integrated steel plant through its Indian subsidiary NSL Mining India (NMI), with Hua Group Co. Ltd and companies from china, at Orvakal in Kurnool district.
Around Rs.3000 crore is the estimated cost for the project .The NSL Mining India has its mining operations in Kurnool.
The NSL has established an iron ore extraction facility and an investment of Rs. 1,800 crore nearly.
It specializes low grade iron ore particularly from iron ore extraction .
For extracting such low grade iron the NSL plant setup with Chinese collaboration in Kurnool district.