Orissa Stops Issuing Iron Ore Export Permits
Reuters reported India's Orissa states has stopped issuing iron ore export permits from two of its ports.
Reuters reported India's Orissa states has stopped issuing iron ore export permits from two of its ports.
Geological Survey of India, engaged in mineral exploration in the country will concentrate on assessment of iron and manganese ore reserves in Orissa during the current field season. For full story, click here
BS declared that the Orissa government will promote value addition of iron ore fines in the state and has already entered into a MoU with 3 companies for manufacturing of pellets using iron ore fines and nine more proposals are in the pipeline. For full story, click here
The Orissa government will promote value addition of iron ore fines in the state. The government has already entered into a memorandum of understanding with three companies for manufacturing of pellets using iron ore fines and nine more proposals are in the pipeline. For full story, click here
Indicating shortage of iron ore in near future, Orissa government declared that it was not committed to provide raw material linkage to steel plants on long term basis. For full story, click here
The Orissa steel and mines ministry has mooted an idea of long-term supply arrangement with small and medium steel and iron industries. For full story, click here
Orissa Sponge Iron & Steel Ltd announced the passing of the resolution to convert the 30,00,000 nos. of warrants allotted to promoter group i.e. TRFI Investment Pvt Ltd on December 20, 2007 into the same numbers of equity shares to TRFI Investment Pvt Ltd. For more details, click here
Out of the total 105 sponge iron plants operating in Orissa, 14 units have iron ore mines of their own. Out of the remaining 94 units, Orissa Mining Corporation (OMC), the state owned mining company, is supplying iron ore to 29 units. For full story, click here
The Orissa government’s PSU, Orissa Mining Corporation (OMC), said on Thursday said it has decided to reduce iron ore prices by 40 to 50 per cent following lack of demand. For full story, click here
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