Orissa government unable to set reopening date for 18 iron ore mines

Wednesday, 25 February 2015 12:05:57 (GMT+3)   |   Kolkata
       

18 closed iron ore mines in the eastern Indian coastal province of Orissa cannot be reopened within any definite timeframe since legal challenges are pending in various courts, a senior local government official told SteelOrbis on Wednesday, February 25.
 
Steel mills in Orissa and in the eastern region are facing acute raw material shortages but, despite the best efforts of the provincial government, the 18 closed mines cannot be reopened as the outcomes of legal processes cannot be anticipated and so deadlines have not been set for their reopening, the official said.
 
Last year, 26 mines including 18 iron ore mines and other manganese mines were forced to close down in Orissa following an Indian Supreme Court order which held that these mines were operating under the "deemed under extension" category which the court held as illegal.
 
Subsequent to the order, several of these miners went to court challenging the provincial government's move to cancel the deemed extension leases and put these mines up for fresh allocation through the auction route, the official said.
 
He went on to say that the 18 mines will be reopened but only after "due process of law is completed and once clarity has emerged on adoption of the auction route for their allocation, and hence no deadline can be set.

Similar articles

Daily iron ore prices CFR China - April 19, 2024

19 Apr | Scrap & Raw Materials

Vale's iron ore exports up 97.5 percent in January

19 Apr | Steel News

Major steel and raw material futures prices in China - April 19, 2024

19 Apr | Longs and Billet

Iron ore prices continue to rise, heading towards $120/mt CFR

18 Apr | Scrap & Raw Materials

India’s coking coal import traffic at ports up 10% in FY 2023-24

18 Apr | Steel News

BHP Billiton’s iron ore output down in Q3 FY 2023-24, metallurgical coal output forecast lowered

18 Apr | Steel News

China’s iron ore output increases by 15.3 percent in Q1

18 Apr | Steel News

Major steel and raw material futures prices in China - April 18, 2024

18 Apr | Longs and Billet

Brazilian high-grade iron ore price increases sharply week-on-week

17 Apr | Scrap & Raw Materials

Iron ore production increases at Vale in Q1

17 Apr | Steel News