Miners body urge SC to allow export of iron-ore pellets from Karnataka

If SC decides to allow export of pellets, stated-owned KIOCL Limited would be a major beneficiary

The Central Empowered Committee (CEC) has recommended the export of pellets from Karnataka in accordance with the Union Steel Ministry and the Karnataka Government. If the Supreme Court (SC) decides to allow export of pellets, stated-owned KIOCL Limited would be a major beneficiary.

The apex court had earlier directed that the iron ore produced in Karnataka should be domestically consumed. This means independent pellet plants and beneficiation plants would cater only to the domestic iron and steel industry.

Federation of Indian Mineral Industries (Fimi) has appealed the court to allow the export of pellets made of iron ore.