Prism Cement has received Letter of Intent (LoI) from Madhya Pradesh Government for allotment of cement grade limestone mining lease for 50 years in District Satna, Madhya Pradesh, with about 23.6 million tons (MT) of reserves, subject to completion of formalities.
The application for this mining lease was made under the earlier regulations and was under processing by the State Government. The mining lease would be captive to the cement plant of the company at Satna, Madhya Pradesh.
Source: International Cement Review, Indian Cement Review
