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NMDC to resume operations at the Donimalai iron ore mine after 9 months

The mine was closed by NMDC for the past nine months, after a state government order to impose an 80 per cent premium levy of the average sale price from there

India had produced more than 200 mt of iron ore in 2010-11

The high court of Karnataka has cleared the way for public sector miner NMDC to resume operations at the Donimalai iron ore mine, its largest in the state. The mine was closed by NMDC for the past nine months, after a state government order to impose an 80 per cent premium levy of the average sale price from there. With around 37 million tonnes (mt) of annual capacity, the mine accounts for a fifth of Karanataka's iron ore production capacity.  The development, say mining companies, will not put pressure on prices in Karanataka since demand is high and export ...