Federation Of Indian Mineral Industries

State of the Climate in Asia 2024

The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …

Call for export duty removal as slowdown hits mining sector

ECONOMIC slowdown has gripped the mining sector with iron ore mining firms closing down operations in 20 mines and scaling down production in 50 mines by reducing the number of shifts. Most of the mine closures

Miners want roll back of export duty on ore

Rise in freight charges results in drop in railway indents Federation projects 15-20 % drop in shipments Operating margins come down to 10-12 % NEW DELHI: Making out a case for rolling back the duty hike, mining industry on Thursday said that iron ore exports have sharply dropped by up …

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