CS Gundewar, Controller General, Indian Bureau of Mines stressed on the need for more scientific and environment conscious mining by using eco-friendly technologies. He said this while delivering a lecture at the National technology Day programme organsied by the National Environmental Engineering Research Institute (Neeri
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Task force suggests renewal of 11 MoUs
The Odisha government's task force on steel recommended renewal of memorandum of understanding (MoUs) of 11 steel companies in the state based on milestones achieved. The 11 MoUs are part of a list of 15 steel projects whose field verification has been completed by Ipicol. The draft MoUs of the 11 steel companies are prepared by the state steel & mines department. Ipicol will take the views of other concerned departments on the MoU, said steel & min
Task force recommends projects worth over Rs 100 bn
The Odisha government's State Level Task Force on Steel recommended approval for investment proposals worth over Rs 10,000 crore in the steel sector. In a recent meeting, the task force decided that the investment would be approved by the Single Window Clearance Committee (SWLC) headed by Chief secretary
EXIM policy guides export of iron ore and chrome ore
Export of minerals, including iron ore and chrome ore is guided by the Export-Import Policy. To conserve limited natural resources and to meet the domestic demand, duty on export of iron ore has been increased from 20 to 30 percent on ad valorem basis on all grades of iron ore (except pellets) with effect from December 30, 2011 and the export duty of chrome ore incre
EXIM policy guides export of iron ore and chrome ore
Export of minerals, including iron ore and chrome ore is guided by the Export-Import Policy. To conserve limited natural resources and to meet the domestic demand, duty on export of iron ore has been increased from 20 to 30 percent on ad valorem basis on all grades of iron ore (except pellets) with effect from December 30, 2011 and the export duty of chrome ore incre
JSPL aims to be third largest steel maker in 2 yrs
Jindal Steel & Power (JSPL), which is currently the country's sixth-largest steel producer, plans to climb to the third slot by 2015. By 2015, the firm reportedly aims to raise its steel capacity to 14 million tonne per annum (mtpa) and pellet (direct reduced iron) capacity to 14.5 mn tpa. The firm plans to set up a 6 mn tpa steel plant in Angu
Allocatees must follow check list of Odisha govt
The steel & mines department of Odisha government cleared a checklist, which has to be observed by the allocatees of coal blocks in the state. According to the checklist, the allocatees must furnish status of their end-use plants linked to coal blocks. Companies whose coal blocks are at an advanced stages having either been granted prospecting licenses (PL) or mining leases (ML). These companies must com
SAIL, KIOCL to set up coke oven plant, power unit
Reports indicate that state-run miners KIOCL and Steel Authority of India (SAIL) would jointly set up a coke oven plant, which converts coking coal into coke for use in the steel mills, at Mangalore. Both the companies are expected to begin ground work for the project in the next few months after signing an equal joint venture agreement
KIOCL, SAIL in talks over rare-earth project in Kerala
KIOCL is reportedly in discussion with Steel Authority of India (SAIL) to set up a joint venture to explore rare earth minerals in Kerala. The joint venture project may also engage bodies like Kerala State Industrial Development Corporation and Kerala Mineral Development Corporation
KCC mines being modernised at Rs 533 cr
Khetri Copper Complex (KCC), which is part of Hindustan Copper, produced 10.00 lakh tonne of ore in 2011-12 compared to 9.72 lakh tonne in the previous year. Hindustan Copper has taken steps to enhance the ore production of KCC mines from the current 10 lakh tonne to 31 lakh tonne with modern equipment and technology in the next five years at an estimated cost of Rs 533.00 cror