Iron ore output to resume in Karnataka: minister

Iron ore output in Karnataka will likely resume in July, Mines Minister Dinsha Patel said on Tuesday, after what will have been a year's hiatus due to a government and judicial crackdown on illegal operations.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » Economy

Apr 24, 2012, 09.43 PM | Source: Reuters

Iron ore output to resume in Karnataka: minister

Iron ore output in Karnataka will likely resume in July, Mines Minister Dinsha Patel said on Tuesday, after what will have been a year's hiatus due to a government and judicial crackdown on illegal operations.

Like this story, share it with millions of investors on M3

Iron ore output to resume in Karnataka: minister

Iron ore output in Karnataka will likely resume in July, Mines Minister Dinsha Patel said on Tuesday, after what will have been a year's hiatus due to a government and judicial crackdown on illegal operations.

Post Your Comments

Share Cancel

Iron ore output to resume in Karnataka: minister
Iron ore output in Karnataka will likely resume in July, Mines Minister Dinsha Patel said on Tuesday, after what will have been a year's hiatus due to a government and judicial crackdown on illegal operations.

Patel said initial production from the southern state would go to local steel mills, but a resumption of mining means the world's third-biggest supplier of iron ore could hope to regain its USD 6 billion, 100 million tonnes average annual exports, mainly to China, in 2012/13.

"In two to three months mining should happen, I believe the problem will be resolved by July," Patel told Reuters in an interview, adding exports from Karnataka should then follow. He did not give a timeframe for such shipments.

Buy, Hold, Sell ? Hear it first on M3
Iron ore output to resume in Karnataka: minister

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login