A sum of 100 rupees ($1.19) a ton will be levied on coal and iron ore production once it's passed. Coal-rich Indian state to pass mining tax after court ruling - MINING
Earlier, Jharkhand was ranked third in the production of iron ore in the fiscal year to March, with an output of around 21 million tonnes. "They have sent notice to close 12 mines. These include mines of Tata Steel and Steel …
SAIL is operating 8 iron ore mines and 2 flux mines spread over Jharkhand, Odisha and Madhya Pradesh to supply Iron ore, Limestones and Dolomite to SAIL steel plants in eastern sector of the country.SAIL iron ore mines are located at Kiriburu, Meghahatuburu, Gua and Chiria in Jharkhand, and at Bolani, Barsua, Taldih and Kalta in Odisha ...
In a fresh body-blow to Indian iron ore production and supplies, 12 of the 17 operational iron-ore mines in the eastern Indian province of Jharkhand has been directed by the local government to ...
Jharkhand is another state with abundant iron ore resources. The Singhbhum district in Jharkhand is famous for its hematite and magnetite deposits. It's home to several iron ore mines that supply both the domestic and international markets. Chhattisgarh: Chhattisgarh is known for its high-grade iron ore deposits, primarily hematite.
10 Sep 2014, 12:02 pm. Jharkhand chief minister, Hemant Soren, on Monday, refused to chalk out a middle way to resume iron-ore mining in the state. Jharkhand, following a Supreme …
Jharkhand has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of which have been forced to import the raw material due to short supplies at home. Mining curbs in India in states such as Goa and Karnataka along with mine closures in top producing Odisha have limited …
For the past 45 days, Tata Steel has not been allowed to move iron ore from its prime captive mines at Noamundi on the orders of the Jharkhand government. Tata Steel …
The court order paralysed imports and exports at one of the world's most important iron ore terminals. Its docks loaded 82.5 million tonnes of iron ore destined for steelmakers around the world in ...
India's Jharkhand state has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of which have been forced to ...
Analysts say assuming all Tata Steel and SAIL iron ore mines in Jharkhand are shut for the next six months and both companies import iron ore, their book values will take a hit of two per cent and six per cent, respectively. ... In fresh blow to steelmakers, Jharkhand orders closure of some iron ore mines. Shah panel report targets 55 mines of ...
An oversupplied global iron ore market may find some relief from an unlikely source as the country, which was the third largest exporter of the metal, turns into a big importer due to a cutback in ...
The closure of the mines in Jharkhand followed a similar move in June this year to close 26, or about one-half the number of iron-ore mines operating in the eastern Indian province of Odisha for a ...
Due to its large mineral reserves, mining and mineral extraction are the major industries in the state. Mineral production in the state stood at 138.15 million tonnes in FY23. Jharkhand is rich in mineral resources such as coal (27.3% of India's reserves), iron ore (26% of India's reserves), copper ore (18.5% of India's reserves), uranium ...
The government of the eastern Indian state of Jharkhand has commenced the process of auctioning nine mineral blocks including reserves of iron ore, limestone, graphite …
The closure of mines will also impact companies that buy ore from the market, given the already prevalent shortages in the market. Tata Steel, for instance, has shut its Nuamundi mines, which met 25-30% of the company's total requirement of raw material and for which it has an environment clearance of 10 mt annually.
India is endowed with fairly abundant resources of iron ore and has the largest reserve of iron ore in Asia. The two main types of ore found in our country are hematite and magnetite. The iron ore mines occur in close proximity to the coal fields in the northeastern plateau region. About 95 per cent of total reserves of iron ore are located in the States of …
The shut mines, including those of steel majors Tata Steel and SAIL, accounted for around 19 million tonnes. Explore. Sign in. e-paper Subscribe. Thursday, 17 August 2023. Stocks. Mutual Funds. News.
Jharkhand has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of which have been forced to import the raw ...
REUTERS - Jharkhand has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of …
By Krishna N Das and Jatindra Dash NEW DELHI/BHUBANESWAR (Reuters) - The Supreme Court ordered on Friday the temporary closure of nearly half of the iron ore mines in top producing state Odisha ...
Jharkhand has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of which have been …
The steel major is facing iron ore shortages after a Supreme Court order in May forced the closure of nearly half the mines in top producing state Odisha, where the company mines and sources iron ore.
Mumbai: Jharkhand has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of which have been forced to import ...
An oversupplied global iron ore market may find some relief from an unlikely source as former No.3 exporter India turns into a big importer due to a cutback in domestic production.
Rio Tinto, and a Chinese-backed consortium risk losing their mining licences if they fail to meet a tight construction timeline for the Simandou iron ore mine in Guinea, the West African country ...
NEW DELHI, Dec 4 (Reuters) - India plans to tweak a formula to fix the average domestic sale price of iron ore, a key steelmaking raw material, according to a government note reviewed by Reuters ...
Jharkhand has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of which have been …
Jharkhand has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of which have been …
Jharkhand has ordered the closure of 12 out of its 17 iron ore mines because their leases have expired, dealing a fresh blow to local steelmakers, some of which have been forced to import the raw material due to short supplies at home.
The Supreme Court ordered on Friday the temporary closure of some iron ore mines in the top producing Odisha to curb illegal mining, TV channels reported, in a blow to local steel mills that depend on high-quality ore from the state.
