Prism Cement announced it has received a letter of intent from the government of Madhya Pradesh, India, for a cement-grade limestone mining lease. The lease if for mining in the Chulhi and Majhiyar villages in the Satna district of the central Indian state. To span a period of 50 years, the lease covers reserves of about 23.6Mt and applies to the cement producer’s plants Madhya Pradesh.
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