Several other industry bodies like the Pellet Manufacturers' Association of India (PMAI) and the Orissa Sponge Iron Manufacturers Association (OSIMA) have sought the intervention of the state government to overcome the crisis.
Palpable tension prevailed at Badadalima village under Tiring Police limits here in Mayurbhanj district following a series of road accidents that left three dead late on Thursday night.
Mumbai: The India Ratings and Research on Wednesday said that the iron ore prices are expected to be elevated over the near-mid-term due to supply-side constraints clubbed with a simultaneous robust revival in demand post the Covid-19 led demand shocks. In its iron ore market review, the agency said the domestic supply shortage is primarily […]
New Delhi: In a big reform initiative, government has allowed state-owned Steel Authority of India Ltd (SAIL) to sell 25 per cent of its iron ore production from captive mines and dispose off other low grade iron ore dust and fines accumulated over the years in the open market. The move will allow the state-owned […]
Bhubaneswar: JSPL chairman Naveen Jindal on Friday sought urgent intervention of the Odisha government over operational problems faced by its two plants due to shortage of coal and higher iron-ore prices. Jindal after meeting Odisha Chief Secretary, Aditya Prasad Padhi, informed that prices of iron ore are rising while the prices of steel are going […]
Bhubaneswar: Odisha Chief Minister Naveen Patnaik today called upon Asian steel makers to set up shop in the state making use of the rich resources like iron ore, coal, chrome and other minerals that are on offer. “I invite the steel producers to set up their industries in Odisha with the best possible facilitation by […]
My heart goes out to the ‘poor’ mine owners. Pointing a gun to their heads, they are being asked to pay fines worth thousands of crores and that too before the year is out. Even the 102 mines that remain closed for years are not being spared. As if that was not bad enough, the […]
Bhubaneswar: The Odisha Mining Corporation (OMC) on Saturday said it has set a target to achieve highest ever production of eight million tonnes (MT) of iron ore during the current financial year (2017-18) while a a work plan has been set to ramp it up to 20 MT by 2019-20. Beating the global market slowdown, […]
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 […]
The State Cabinet on Monday allowed state-run Odisha Mining Corporation (OMC) to export iron ore, a decision expected to help the company meet its revised ore production target for the current year
Bhubaneswar: The Odisha government on Monday said it will announce the names of qualified bidders for the Ghorhaburhani-Sagasahi iron ore block, located in Koida mining sector in Sundargarh district, on February 25. Mines director Deepak Mohanty informed this after the first meeting of the technical committee at the secretariat here today. “The first meeting of […]
Panaji: Iron ore was the only blip on Vedanta Ltd’s performance as far as metals are concerned but company chairman Naveen Agarwal expressed confidence in future prospects of copper, zinc, lead and aluminium production. Speaking during Vedanta’s annual general meeting of Vedanta Limited here Saturday, Agarwal said that the company was well poised to capitalise […]