Goa iron ore miners looking up to next govt to resume ops

Press Trust Of India Mumbai
Last Updated : Apr 17 2014 | 9:40 PM IST
Harried iron ore miners, who have lost over two years of business, are pinning hopes on the next government to clear the statutory roadblocks and encourage exports.

"We hope the next government will clear the roadblocks faced by the iron ore mining industry and promote investment into the sector, which can contribute to GDP," Goa Mineral Ore Exporters' Association secretary Glenn Kalavampara said and stressed on sustainable mining.

When asked about the recent statement of the major Opposition BJP indicating its preference for domestic use of iron ore than exports, Kalavampara said low grade iron ore is not utilised by the domestic steel industry and should be exported.

"Low grade iron ore is not used by the domestic steel industry. So, its exports should continue as there is no demand for this grade in the country," he said.

Notable, certain low grade ore is also mined in Karnataka and Odisha as well in small quantity.

The country, which had exported around 110 million tonne iron ore in 2008-09, has witnessed drastic fall in outward shipment due to investigation into alleged illegal mining in key producing states like Karnataka, Goa and Odisha.
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First Published: Apr 17 2014 | 8:55 PM IST

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