NMDC sues Karnataka over revenue share from Donimalai mine iron ore

The PSU had decided to suspend operations after the Karnataka govt imposed 80% premium on iron ore sales from the mine

NMDC Ltd on Monday filed a case against Karnataka Government for claiming for larger share of revenue from the sale of iron ore from the Donimalai mine in the state. It may be recalled that last month, NMDC had decided to suspend iron ore mining from Donimalai after the Karnataka government imposed 80 per cent premium on sales of the mineral from the mine.

While an NMDC spokesperson was not available for comment immediately, industry sources have confirmed the development and have said the matter is posted for January 10 at the Karnataka High Court.

A source close to the development said