Odisha eyes 70 million tonne of iron ore production in 2015-16 - Feedback

Odisha is targeting a production of 70 mt of iron ore in 2015-16, with top miners pinning their hopes on restarting operations even as they await a final nod from the Supreme Court, which is slated to consider their appeal later this month.

The delay in reopening mines in mineral rich states is taking a toll on the industry. With lower supply of iron ore, India, traditionally a net exporter, ended up importing nearly 15 million tonnes (mt) of iron ore in 2015. More significantly, fewer mines in operation have added to the problem of unemployment and socio-economic issues and lower revenues for the state and central government.


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