At the last review meeting held here on the ultra-mega steel plant, it was decided that both NMDC and OMC would have 50% equity each

Following a huge blow from the Supreme Court, and a series of serious technical glitches, the government has quietly asked Coal India to cancel the auction of three coal blocks that were put under

JSW Steel, Kalyani Steel and others waiting for auction of mines

The Karnataka government will seek extension of the deadline for auctioning of C-category iron ore mines.

Contamination of water by NMDC iron ore mine’s refuse has affected livelihoods

BHUBANESWAR: The steel ministry's move to rekindle its idea of ultra mega steel plants through the most profitable company under its charge could thwart Anglo-Australian firm Rio Tinto's nearly two

The Associated Chambers of Commerce and Industry of India (Assocham) has sought a temporary ban on export of iron ore by the National Mineral Development Corporation (NMDC), saying that the Supreme

If a Goa-like ban is imposed by the Supreme Court in another major iron-ore-producing state, Odisha, production of the key raw material would be severely hit, making it difficult for domestic steel

Karnataka proposes to auction 15 of its Category-C mines to end-users

In what could be a first for the country’s iron ore sector, the Karnataka government is readying an action plan to auction iron ore mines to end-users. To begin with, it has proposed to put 15 of its 51 Category-C mines on the block and sought permission for this from the Supreme Court, which is to hear its appeal on Friday.

SC may have lifted the ban on mining in the state but it will be a while before exports resume in right earnest

The current global price of Iron Ore at around $120/t cfr China is in tandem with the falling trend of this critical input and is projected to go down further by another $10-15/t in the coming week