 "Iron ore pellets | Photo: Wikimedia Commons")
State-controlled Odisha Mining Corporation (OMC) aims to open four new iron ore mines in this financial year as it anticipates a deficit in iron and supplies from March 2020. The validity of merchant mines is lapsing next year which is why OMC also wants to scale up output at its existing flagship operations like Daitari and Gandhamardhan.
“Last financial year, our production is estimated to be in upwards of 10 million tonnes (mt). By 2020-21, we are targeting an iron ore output of 20 mt. Of late, OMC has been obtaining environment and forestry clearances for its mines with alacrity.
