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Rail Budget: Govt to reduce railway freight on iron ore export by 30%
Mar 06, 2012 at 14:56 | Source: Reuters
The governement has reduced the railway freight on iron ore meant for exports by 16% effective Tuesday, an industry body official said, a move expected to help exporters who have come under pressure after an increase in export duty in January.
Union Mines Ministry not in favour of hike in export duty
Jan 13, 2012 at 15:02 | Source: PTI
The Union Mines Ministry has expressed its reservation over Finance Ministry's decision to increase export duty on the low grade iron ore in the country, a senior official said today.
Iron ore exports dip 22% in April-July: FIMI
Sep 08, 2011 at 19:58 | Source: PTI
Exports of iron ore declined by about 22% to 25.2 million tonnes in April-July due to the ban on its shipments from Karnataka, industry body FIMI today said.
'Royalty burden may hit non-coal miners' profit by Rs10Kcr'
Jul 08, 2011 at 17:29 | Source: PTI
Miners body, Federation of Indian Mineral Industries today said non-coal miners' bottomline may shrink by around Rs 10,000 crore as a fallout of the 100% royalty sharing provision made in the proposed Mines and Mineral (Development and Regulation) Bill, 2011.
FIMI explores potential of Singapore as trading hub
Jun 27, 2011 at 15:46 | Source: PTI
The Federation of Indian Mineral Industries (FIMI) today explored the potential of using Singapore as a major trading hub for Asian markets with the city state's two trade promotion agencies.
India iron ore exports fall for 8th month, ups freight rate
Mar 30, 2011 at 16:36 | Source: Reuters
India's iron ore exports fell for the eighth straight month in February because of a continuing ban on shipments by its key Karnataka state and exports are likely to face further pressure as the country hikes freight rates again.

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Centre calls for comments from Odisha on iron ore royalty
New Delhi, May 24: The Centre has sought comments from Odisha on the anomaly in its levy of royalty charges on iron ore. Odisha has been levying a flat royalty on iron ore -- be it a high grade lumps...
May 25, 2012 at 16:22 | Source: The Hindu BusinessLine
Supreme Court partially lifts ban on mining in Karnataka districtsSets stiff terms allows auction of iron ore already lying in stockyards
The Supreme Court on Friday partially lifted the ban on mining in three districts of Karnataka. It was lifted for a certain category of mines, with strict conditions. The court also allowed the auctio...
Apr 21, 2012 at 06:06 | Source: Business Standard
Supreme Court partially lifts ban on mining in Karnataka districts
The Supreme Court on Friday partially lifted the ban on mining in three districts of Karnataka. It was lifted for a certain category of mines, with strict conditions. The court also allowed the auctio...
Apr 21, 2012 at 00:01 | Source: Business Standard
Apex court seeks panel's views on restarting work
New Delhi, April 13: The Supreme Court has said the implementation of reclamation and rehabilitation (R R) plans for Karnataka mines “shall start immediately.” The apex court earlier acce...
Apr 13, 2012 at 23:56 | Source: The Hindu BusinessLine
Supreme Court wants land clean-up in Karnataka iron ore case
NEW DELHI: Supreme Court has asked companies in Karnataka state to push on with land clean-up before it removes a mining ban and set April 20 as the next date for reviewing progress, Justice S.H. Kap...
Apr 13, 2012 at 19:31 | Source: Economic Times
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Indian iron ore mining mess - No open sale of iron ore fines
We only wanted to reduce this pile to minimise the environmental pollution." Welcoming the move, the Secretary General of the Federation of Indian Mineral Industries said, "Allowing sale of fines would be a violation of the conditions under which the state ...
May 25, 2012 at 04:29 | Source: SteelGuru
Karnataka mining firms to seek apex court stay on ban order
We will expeditiously explore approaching the Supreme Court for a stay on the high court order as the ban on export of iron ore is affecting us severely," Federation of Indian Mineral Industries (FIMI) vice-chairman Basant Poddar told IANS. A division ...
May 19, 2012 at 17:29 | Source: Deccan Herald
India’s Exports of Iron Ore Seen to Further Slide in FY13
At the present situation, "export of iron ore is no longer a viable proposition," R K Sharma, secretary general of the Federation of Indian Mineral Industries (Fimi), said in the Business Standard. India's iron export receipts had already fallen ...
May 9, 2012 at 20:47 | Source: Int'l Business Times
MMTC inks supply pacts with Japanese, South Korean steel companies
India's iron ore exports are likely to decline to 50 MT in the current fiscal, as per the miners' body Federation of Indian Mineral Industries (FIMI) estimates. Iron ore shipments from Karnataka, a major exporter of the raw material from the ...
May 20, 2012 at 07:13 | Source: Asian Age
MMTC inks supply pacts with Japanese, South Korean steel cos
India's iron ore exports are likely to decline to 50 MT in the current fiscal, as per the miners' body Federation of Indian Mineral Industries (FIMI) estimates. Iron ore shipments from Karnataka, a major exporter of the raw material from the country ...
May 20, 2012 at 06:08 | Source: Business Standard
Lubna inaugurates Arab-India Partnership Conference
The conference is held under the patronage of Shaikh Abdullah Bin Zayed Al Nahyan, Minister of Foreign Affairs and is organized by the Federation of Indian ... mining and mineral-based industries, tourism and hospitality, healthcare, financial services ...
May 22, 2012 at 14:27 | Source: Khaleej Times

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