Minerals

Iron Ore production is on growth path - set to reach 185 million tonnes by 2020

India's iron ore output is set to increase from current 136 million tonnes to 185 million tonnes by 2020 with a average growth rate of 6.9 % over the period. The output growth is to be supported by the removal of export taxes in the Union Budget for low-grade ores and the country's Mines & Minerals (Development & Regulation) (MMDR) Act, which will streamline licensing and reopen closed mines. As part of India's 2016 Union Budget, export duties for iron ore lumps and fines below 58 per cent Fe content were reduced to nil from 30 per cent and 10 per cent respectively, which will significantly aid Goan shipments to recover as miners remain burdened by local levies and low prices. This reduction was aimed at boosting shipments from the western state of Goa where the Supreme Court lifted an ear
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Iron Ore Production increases and expects to reach 180 million tonnes by FY2017

Iron Ore output likely to reach 180 million tonnes by end of FY 2017. There had been a lull in iron ore mining after the closure of iron ore mines after the wake of mining scam in 2008. Now, with suspension of orders, India?s iron ore production is estimated to go up nearly 20 per cent to 155 million tonnes in 2015-16. Karnataka and Chhattisgarh recorded 25 mt production in 2015-16. In Goa, where production was five mt in 2015-16, following lifting of export duty on low grade ore, the figure could go up to 30 mt. China is again buying iron ore and this might push global prices moderately. In India, low grade iron ore, specifically from Goa, may find buyers in China.
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Government notifies new policy of environmental clearance for minor minerals

Government of India has notified a new policy of granting environmental clearance (EC) for minor minerals to combat illegal sand mining. The power of granting environmental clearances for leases up to five hectares have been delegated to district committees for the first time, among other steps, including the monitoring of mined-out material through information-technology-enabled services. Movement of sand is controlled through transit permit and henceforth the security feature of this permit will be enhanced with unique barcode, unique QR code, fugitive ink background, invisible ink mark, void pantograph and watermark. It is hoped that the new system will generate real time data on mined out sand. The new policy also has exempted certain categories from the requirement of an EC which inc
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    Agarwal Min Chem Ltd

    Agarwal Min Chem. Ltd was established on 19th January, 1984 under the kind guidance of CEO Mr. Ras Agarwal. The company has a joint venture with Rajasthan State Mines & Minerals

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    Airotech Minerals

    Incepted in the year 1998, "Airotech Minerals" is a manufacturer and exporter of a range of Micronized Minerals which includes calcite, hydrated magnesium silicate and others.

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    Almora Magnesite Ltd

    Almora Magnesite established as a joint sector company in 1971 promoted by UPSIDC, Belaphar Refractories (Tata Refractories) to explore Magnesite deposits located in Almora Dist

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    Aryan M P Power Generation Pvt Ltd

    Aryan MP Power Generation Private Limited (wholly owned subsidiary of ACB India) was formed as a Special Purpose Vehicle (SPV) on May 9, 2008 with the objective of setting up 12

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    Ashapura Minechem Ltd

    Established in 1960, Ashapura Group is India?s largest muti-mineral solutions provider. The flagship company Ashapura Minechem Ltd. is listed on India?s premier exchanges. Ashap