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News Ramco Cements acquires limestone reserves in Andhra Pradesh from Prism Johnson

Ramco Cements acquires limestone reserves in Andhra Pradesh from Prism Johnson

Written by Global Cement staff 11 July 2023
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India: Ramco Cements has concluded an agreement to acquire limestone reserves in Andhra Pradesh’s Nandyal District from Prism Johnson. The Hindu newspaper has reported that Prism Johnson will transfer a mining lease for 663 hectares of land to Ramco Cements. The parties expect to conclude the transaction by the end of July 2023.

Prism Johnson had previously planned to build an integrated cement plant on the reserves, but said that this no longer suited its priorities.

Last modified on 12 July 2023
Published in Global Cement News
Tagged under
  • India
  • Limestone
  • Mining
  • Strategy
  • land lease
  • Licence
  • GCW616

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