With the process having been initiated to allot Khandadhar iron ore reserve through the auction route, tribals residing in hilly terrains in Odisha’s Sundagarh district have announced that they wil
The fate of South Korean major Posco Steel’s $12-billion project in Odisha hangs in balance with the central government’s new rules under which the company needs to acquire iron ore only through bi
With the Centre proposing to give state governments the powers to reserve end-use of any mine put up for mining lease (ML) auction, steelmakers have reason to cheer as merchant miners with deep poc
Even as uncertainty continues to prevail over the fate of Posco’s mega steel project near Paradip, the State Government has maintained that the ball is in the Centre’s court with regard to raw mate
The ordinance, which was approved in both the lower and upper houses of the Parliament last week, was also backed by Biju Janata Dal
Centre says Posco cannot have prioritised access to iron ore deposits
CHANGE ON CARDS It will decide the fate of mines by defining whose leases will get extension and whose will be cancelled, paving way to put them up for auction
Co may now have to bid for an iron ore reserve for captive consumption
The Odisha government on Tuesday said that over 100 mine leaseholders have not paid additional net present value (NPV) on the forestland used by them.
The Centre and Odisha government are committed to the Posco project, Union Steel Secretary Rakesh Singh said and promised adequate raw material linkage to local industries.
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