| Iron Ore Mining | Extraction and sale of iron ore fines, lumps and pellets primarily for steel production. | Government backing, dominant reserves, mechanized mines, extensive logistics and captive power plants. | Industrial steel producers, both public and private sector (B2B). | High-grade iron ore fines and lump sales with stable long-term contracts. | 22906 | 96 | Revenue from bulk iron ore sales under long-term contracts and auctions to steel manufacturers. | Contract-based pricing with monthly price revisions; auction for secondary sales. | Steel industry demand growth, infrastructure projects, capacity enhancements, price improvements. | Bailadila Iron Ore, Donimalai Iron Ore, Kirandul Complex Ore |
| Pellets, Minerals and Services | Pellet production, diamond mining, mineral exploration services, and captive power generation. | Exclusive diamond mining in India, integrated pellet supply, and renewable energy investments. | Steel plants, industrial mineral consumers, power users (B2B). | Pellet plant operations and diamond mining have better profitability ratios. | 1102 | 4 | Sales of pellets, minerals, and power; service fees from joint ventures and exploration projects. | Sales-based revenue with project contracts and service agreements. | Pellet demand, diamond mining ramp-up, power plant commissioning, new mineral explorations. | Nagarnar Pellets, Panna Diamond Mine |
