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The Supreme Court has quashed all iron ore mining permits in Goa state, one of the country's top producing areas for the steel raw material, reports said on Wednesday. Mining in the state, known for its low-quality iron ore, will stop after March 15 and new licences will need to be given, the court said. Activists have been campaigning …
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The secretary of the Goa Mineral Ore Exporters Association, Glenn Kalavampara, told S&P Global Market Intelligence that the iron ore mining ban in the Indian state, which came into effect March 16 on orders from the Indian Supreme Court, will have a massive impact on the state's economy and investment credibility.
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The ban on mining, transportation and the export of iron ore has had a "cascading" effect on Goa's economy, he said. The state government said it has sent to the Ministry of Environment and Forests the draft report on …
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