NSL Mining Resources is planning to set up an iron ore beneficiation plant with an investment of Rs. 110 million at Veerayapalli in Betamcherla Mandal in Kurnool district of Andhra Pradesh. The project will have a capacity of 1 million tpa. The iron ore will be source from the nearby mines owned by NSL. The company uses Chinese technology for beneficiating lower grade iron ore to high grade iron ore.