National Mineral Development Corporaion (NMDC)

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 …

SC refuses to lift ban on export of iron ore pellets from K’taka

The Supreme Court on Monday refused to lift ban on export of iron ore pellets from Karnataka-based miners, saying its earlier order is clear. A green bench, headed by Justice JS Khehar, while ruling out any possibility of allowing export of iron ore pellets, said its earlier order banning exports …

Miners seek SC nod to raise ore output

Faced with inordinate delay in securing statutory approvals from various state and central government departments for restarting mines, Karnataka-based iron ore miners have sought approval for enhancement of annual production of operating mines under both Category A and B. The Karnataka government and steel companies have also joined hands in …

Cartelisation alleged by Karnataka iron ore mines

Base prices doubled in e-auctions; steel makers to move Supreme Court, CCI for intervention; want price fixation agency Iron ore prices have almost doubled at e-auctions in Karnataka, with one mine after another setting much higher base prices. It has led to the impression that they’ve come together to keep …

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