Tag: Bauxite

Bhubaneswar: The Odisha government has granted leases of 18 mines for a period of 50 years including a bauxite mining lease to State-owned Odisha Mining Corporation (OMC). The state government has already received Rs 500 crore from these concerned mines as stamp duty and in future it will receive more revenue in way of mining […]

Bhubaneswar: Mines minister Prafulla Mallick on Wednesday said the Odisha government has decided to provide bauxite to Vedanta’s Lanjigarh alumina factory from the Kodingamali mines in Koraput through Odisha Mining Corporation (OMC). Briefing newsmen here today, the Mines minister, said, “OMC has got the mining lease of Kodingamali mines located in Koraput. We will provide […]

Bhubaneswar: The Odisha Cabinet on Wednesday amended a long-term linkage policy to facilitate Vedanta company to source bauxite from the Odisha Mining Corporation (OMC) to run a refinery and smelter plants in the state. “The Cabinet decision will enable Vedanta Limited, which has set up an alumina refinery and aluminium smelter in the state under […]

Lanjigarh: Encouraged by supply of bauxite from the state-owned Odisha Mining Corporation (OMC), the Vedanta Limited is optimistic about completion of its refinery expansion project. Though the aluminium major has been managing to run its 2 mtpa refinery since 2007 by importing bauxite from other states and abroad, the company for the first time received […]

Bhubaneswar: Despite a world-wide sluggish market in metal sector, Navratna PSU Nalco has registered an impressive performance in the first half of 2016-17 fiscal. While bauxite mining was up by 23.6 per cent at 35.08 lakh tonnes as compared to the corresponding six months of the previous financial year, the alumina hydrate production rose by […]

With plans to raise alumina production at its Lanjigarh refinery in Kalahandi district by 50 per cent, bauxite starved Vedanta today sought quick steps for raw material supply from within the state

New Delhi: Speaking to the media here on Saturday, Finance Minister Nirmala Sitharaman announced major reforms in the mining of minerals through a seamless composite exploration-cum-production regime. FM Nirmala Sitharaman said to introduce competition, transparency and the private sector participation in the coal sector, the government would go for the revenue sharing mechanism instead of […]