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Iron ore developments in India – the view from a growing mining and steel industry

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Author A Kumar

Description

*This is an abstract only. No full paper is available for
this abstract.*


While India has an estimated iron ore reserve of 25–30 Bt, it is also true that the ‘obvious geological potential’ for iron ore occurrence is much higher. It is said that only about ten per cent of the potential 5000 square kilometres has been explored due to forest cover of the resource, issues of access and activism. Iron ore occurs in several parts of India; east, west and parts of central south have been explored, and in turn account for the 200 Mt of annual production of iron ore.

There has been considerable instability in the industry in the recent past, with the government seeking to curb illegal mining, with all iron ore production suspended while government approvals were re-clarified. A semblance of order, backed up by judicial interventions and redefining of resource allocation rules, seems to have quietened the situation.


CITATION:

Kumar, A, 2017. Iron ore
developments in India – the view from a growing mining and steel industry, in
Proceedings Iron Ore 2017, pp 13–14 (The Australasian Institute of Mining and
Metallurgy: Melbourne).