The recent order of the Joda mining circle office to 10 miners, who are waiting for renewal of their mining leases, to restrict iron ore output only to the extent of their captive plant need until the completion of the lease renewal process, is likely to result in 27 million tonne (mt) production loss per year, trade estimates said.
The order follows a recent state government resolution that mines having value addition industry attached to it will be given priority at the time of renewal of mining leases.