Bangalore After a three-year gap, the Karnataka government has initiated the process to recommend new iron ore mining leases, a move that could speed up the launch of large steel projects by ArcelorMittal and Tata Metaliks in the state.

“We have started the process by surveying land in Bellary and studying availability of iron ore deposits,” MN Vidyashankar, principal secretary, department of industries & commerce, Karnataka, told FE. The state government will have to forward lease recommendations for various parties to the Centre, which is the final ratifying authority.