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SC lifts annual iron ore mining ceiling in Karnataka to 35 million tonnes

No cap on Category C iron ore mines in the southern state; JSW Steel to be major beneficiary

T E Narasimhan  |  Chennai 

In some good news for Karnataka’s iron ore mining industry, the Supreme Court (SC) has lifted the ceiling from 30 million to 35 million tonnes for the A and B categories that it had placed on the total production in the state. The major beneficiary would be JSW Steel, which has been spending heavily to bring ore from the eastern states.

In Thursday’s judgement, the Supreme Court also ordered the monitoring committee to act immediately in regard to the enhancement proposal filed by 13 mining leases. Basant Poddar, former chairman and member of the Federation of ...

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First Published: Fri, December 15 2017. 00:44 IST
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