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Odisha merchant miners stare at glum future after coronavirus outbreak

Since the enforcement of lockdown orders, barely any activity has occurred at the merchant leases between March 19 and 31

iron ore mine
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The outbreak of Covid-19 has only delayed the process of recommencement of mining from the merchant leases.

Jayajit Dash Bhubaneswar

The drying of export demand and flagging consumption in the domestic market in the aftermath of Coronavirus outbreak has left merchant iron ore miners in Odisha distraught.
 

Since the enforcement of lockdown orders, barely any activity has occurred at the merchant leases between March 19 and 31.

No fresh production or despatches of iron ore happened during this period of lull. For merchant mine owners, the only glimmer of consolation was the movement of some pre booked iron ore. Barring captive