Indian Iron Ore Scenario Metal Bulletin
Mar 01, 2019 For the entire country, the value was roughly 40 billion USD in 2014. Among all types of minerals, iron ore mining contributed 10 , limestone 2 , manganese 0.5 , coal 32 , and petroleum 25 of this economic value. The mining sector also employs roughly half a million daily labour force (Indian Bureau of Mines, 2015h, Indian Bureau of Mines, 2015i).Effect of Goa Mining Ban Cancellation of 88 iron ore mining leases by the apex court of India, turn out to have a adverse effect on India’s overall iron ore exports in FY 19. Prior to this order, Goa had permissible mining capacity of 20 mnt pa, but after the apex’s courts order, all iron ore extraction activates came to a halt.