Odisha Iron Ore Miners

The Supreme Court Monday asked the Ministry of Environment, Forest and Climate Change to give its view on whether iron ore mining in Odisha can be capped, keeping sustainable development and intergenerational equity in mind. The top court perused the affidavit of the Union Ministry of Mines filed in response to its earlier query whether any cap can be put on mining in Odisha keeping in mind the limited iron ore reserves there and said it does not have the view of the Environment Ministry. "We want the view of the Ministry of Environment, Forest and Climate Change (MoEFCC). This ministry is the expert body and it can tell us about the impact of the iron ore mining on the environment and the concept of intergenerational equity," said the bench comprising Chief Justice of India D Y Chandrachud, Justice J B Pardiwla and Justice Manoj Misra. The order was passed after a counsel for the petitioner Common Cause, an NGO, said the iron ore is set to be exhausted in 25 years keeping in mind t

Says people end up paying a huge premium and then the assets become unsustainable

The Thakurani block, with estimated reserves of around 179 million tonne, will make a valuable contribution to AM/NS India's long-term raw material requirements

Industry says transition from existing to new lessee is not going to be as easy as anticipated

Pellet makers, sponge iron and pig iron producers allowed to participate

The state boasts of the country's largest iron ore output. In the last fiscal year, Odisha churned out 114 mt, contributing more than a half to the nationwide production of 207 mt

At a pre-bid conference convened by the state steel & mines department, more than 50 companies turned up

The higher growth in iron ore production has boosted the overall mineral output in the state which reached 289.55 million tonne in FY 19 from 270.84 million tonne in the previous year

Closure of seven working mines in state has triggered sharp price hikes by both, lessees and NMDC