The Bangladesh government has taken initiative for the development of an iron ore mine discovered for the first time in Hakimpur Upazila of Dinajpur district.
As part of the process, German company DMT Consulting Ltd will soon start the preliminary survey on iron ore reserves.
Barapukuria Coal Mining Company Limited (BCMCL), a subsidiary of Bangladesh Oil, Gas and Minerals Corporation (Petrobangla), recently signed a Memorandum of Understanding (MoU) with DMT Consulting Limited.
Chairman of Petrobangla Nazmul Ahsan presided over a ceremony in the Petrobangla meeting room, Secretary of BCMCL Umme Tajmeri Selina Akhtar, and Managing Director of DMT Consulting Limited. Vasilis Roubos signed the MoU.
At that time, the Managing Director of BCMCCL. Shaiful Islam and related senior officials were present.
The feasibility study will be conducted over an area of 6 square kilometers under the MoU. Based on this survey report, if iron ore reserves are found to be substantial and economically viable, a feasibility study will be conducted later for mining.
Earlier, the Geological Survey of Bangladesh (GSB) discovered an iron-rich rock quarry in the Alihat area of Hakimpur Upazila of Dinajpur. It is estimated that 625 million tons of iron ore are stored in this mine covering an area of 5 square kilometers.
The iron ore-rich rock layer found in the mine at a depth of 426 to 548 meters contains 50 percent iron ore. These rock layers are on average 68 meters thick, read a media release.