India Mulls Iron-Ore Production Curb for Private Miners

  • Friday, October 26, 2012
  • Source:

  • Keywords:iron ore steel
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[Ferro-Alloys.Com]Amid the protracted investigations into widespread illegal iron-ore mining in the country, India’s Mines Ministry was mulling the option of imposing production curbs on mines that did not have investments in end-use facilities.

The production curb proposal being considered was in line with a similar action partially unrolled in a few mines in the eastern India coastal province of Orissa, according to an official in the Mines Ministry.

However, the curbs would not be applicable to Indian government-controlled mining companies like the National Development Corporation, better known as NMDC, or mining entities operated by provincial governments since most of these miners were catering to domestic demand, the official said.

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