Villagers from western Indian state of Goa plead for resumption of iron ore mining as ban impacts livelihood

Village council representatives of the western Indian state of Goa have approached the country’s Supreme Court to make a fresh plea to allow resumption of iron ore mining because of the impact on livelihood. The tiny coastal state used to account for a majority of India’s iron ore exports to China around a decade ago before a […]

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India plans to offer 500 mining blocks to investors, says minister

India is planning to swiftly move forward with a process of offering nearly 500 mining blocks for various minerals to domestic and foreign investors, Pralhad Joshi, minister for coal and parliamentary affairs, said Tuesday. The move comes as part of Prime Minister Narendra Modi’s vision of Atma Nirbhar Bharat, or self-reliant India. This will be the […]

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Frosty India-China trade ties could be another Himalayan blunder

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India and China have been uneasy neighbours for decades, but they still managed to grow bilateral trade. However, a recent border clash over the Himalayas are turning ties increasingly cold as New Delhi takes steps to hit Beijing where it hurts most — business. After India delayed customs clearances of goods imported from China, the […]

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India’s largest iron ore miner NMDC reports jump in July sales and production

State-owned mining major NMDC, India’s largest iron-ore producer, said its production and sales rose significantly in July on year, providing yet another indicator that the economy is on the mend after an easing of the Covid-induced lockdown. Despite uncertainty due to COVID-19, NMDC’s production of iron ore rose by 13% to  2.19 million tons and […]

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Supreme Court appointed panel rejects Karnataka steel manufacturers plea for 7 million tonnes of iron ore

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The Supreme Court-appointed Central Empowered Committee (CEC) has not allowed the apex Court to accept Karnataka Iron and Steel Manufacturers Association (KISMA’s) appeal urging the Court  to direct NMDC and Mysore Minerals Ltd (MML) to meet a shortfall of 7 million metric tonne (MMT) of iron ore ore. KISMA claimed the shortfall arose due to the suspension of mining operations […]

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China adds four VLOC terminals, more to come

(The story appears here courtesy our content partner Mysteel Global) China, the world’s top steelmaking and iron ore importer, has approved another four ports along the coastal line in east and south China to operate their berths for 400,000 deadweight tonnage (DWT) iron ore carriers, or very large ore carriers (VLOCs), thus increasing the number of […]

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