JSW has identified 16 mines out of 51 mines in category C, as it is not economically viable to bid for other mines in the category. The Supreme Court has put a cap of 30 million tonne on iron ore mining in the state, making certain mines with low deposits unviable.
According to JSW Steel, while NMDC has yet to fulfil the court'sdirective of supplying 1 million mt/month to steel industry, the release million mt/month of iron ore from the existingmined stock also hasfailed to provide any relief to the steel industry.
Jun 19, 2014· JSW Steel Ltd., the Indian steelmaker that purchases all its iron ore, will import the raw material in bulk for the first time as local supplies remain scarce and global prices hover near a 21 ...
Indian conglomerate JSW Group has responded to the collapse in domestic iron ore production by lifting its imports from 6Mt to 10Mt in the fiscal year to March 31, company, led by billionaire Sajjan Jindal and part of the Jindal Group, says the decision was made in light of the severe shortages and unreasonable prices being charged for iron ore in India.
JSW Steel eyes iron ore mines in Karnataka, other states The . Jul 10, 2016 Sajjan Jindalled JSW Steel further said that it "intends to participate in the forthcoming auctions .
Mumbai: JSW Steel Ltd is in talks with sixseven iron ore miners in Karnataka for purchasing stakes in its quest for raw material security, and could seal deals in about a year, a top company ...
JSW operates a MnT pa steel plant at Dolvi; of which it requires around MnT Iron ore per annum. At present, the company sources its key raw material from Odisha Chhattisgarh. The recent order of the Supreme Court on lifting embargo from Iron ore mining in Goa has invigorated the hope of sourcing Iron ore from Goa.
Background • Incoming iron ore fines of JSW are of wide variation in physical and chemical properties. • The higher gangue content (Al2O3+SiO2) and the ultra fines (<150 micron) are detrimental to agglomeration process. • Low grade iron ore fines beneficiation to get the consistency physical chemical properties of iron ore fines after mining ban at Karnataka.
The Lokayukta report on illegal mining, based on the investigation of IFS officer UV Singh, states that through lessees and traders, JSW Steels had received excess iron ore supplies. Because of illegal iron ore transportation, state government suffered a loss of Rs324 crore.
JSW Steel applying for iron ore mines in Karnataka. JSW Steel said India's iron ore production fell from a level of 218 million tonnes in FY10 to 144 million tonnes in FY14 and is expected to drop further to 100 million tonnes in FY15 against a demand of 140 million tonnes.
With rising raw material prices and lifting of iron ore mining ban in Karnataka, JSW Steel can heave a sigh of relief. The Supreme Court has raised the ceiling from 30 million tonnes to 35 million ...
With rising raw material prices and lifting of iron ore mining ban in Karnataka, JSW Steel can heave a sigh of relief. The Supreme Court has raised the ceiling from 30 million tonnes to 35 million tonnes for the A and B grade iron ore.
Feb 01, 2019· Telugu poet Varavara Rao, accused of having Maoist links, and advocate Surendra Gadling were arrested in connection with the 2016 Surajgarh iron .
By Krishna N Das NEW DELHI (Reuters) Importing iron ore, buying lowquality ore and operating mills below capacity are the new normal for JSW Steel Ltd, the thirdlargest steelmaker in India where illegal mining of minerals has been choked by court orders.
Mining: Rio Tinto submits feasibility study for Guinea's giant iron ore deposit. Wednesday, 18 May 2016 Saliou Samb in Conakry and Barbara in London. AngloAustralian mining giant Rio Tinto has submitted feasibility studies to the Guinean government for its massive Simandou project, considered the world's biggest untapped iron ore deposit.