A week after it suspended mining operations in Karnataka’s Bellary district, the Supreme Court on Friday allowed the National Mineral Development Corporation (NMDC), a public sector enterprise, to
Notwithstanding the turmoil in Karnataka over the iron ore issue, Tata Steel will move forward with its proposed investment in the State which it is jointly implementing with Tata Metaliks, a subsidiary.
The Supreme Court, which earlier suspended mining operations in the Bellary area, on Friday partially lifted the ban and allowed the public sector National Mineral Development Corporation to undertake mining in two leases to cater for the domestic market.
In a relief to the domestic steel industry, the Supreme Court on Friday allowed state-owned NMDC to operate its two mines for production of one million tonne iron ore per month in Karnataka’s Bellary district.
NMDC The Supreme Court marginally relaxed its tough stand on mining iron ore in Karnataka's Bellary region, allowing only public sector NMDC to operate there. Private operators have been stopped from further mining and export.
The Supreme Court on Friday refused to lift its ban order on iron ore mining in Bellary district of Karnataka by the private companies but permitted the central PSU, National Mineral Development Corporation to resuming it from Saturday under strict conditions for maintaining the supply to the domestic steel industry.
Hassan : With incessant rain experienced in various parts of the district for the past couple of days, the water level in the river has increased and the inflow to the Hemavathi reservoir in Gorur is brimming to the capacity.
