Akhilesh Das said that SAIL's existing iron ore reserves are not sufficient to meet the company's long-term requirements, and hence the company does not plan to share the Chiria mines.
SAIL, through its merger last year with public sector steelmaker IISCO (Indian Iron and Steel Company), obtained mining rights to three of the six blocks in Chiria, whereas the remaining three, namely Ajitaburu, Sukri-Latur and Tatiburu, are sub-judice at Ranchi High Court.