Space Industry and Business News  
TRADE WARS
Indian state halts output at 23 iron ore mines

by Staff Writers
Bhubaneswar, India (AFP) Jan 22, 2011
India's biggest iron ore-producing state said Saturday it had withheld permission from 23 mines to operate because they had not supplied proof of environmental and other clearances.

The mines affected by the move by the Orissa government in eastern India are in Keonjhar district, state mining deputy head Umesh Jena said.

Orissa produces some 75 million tonnes annually of iron ore, the key raw material for steel.

"We have asked operators to supply documents like forest clearances, mining leases and surface rights within a week," Jena told AFP.

"Till then, they can't carry on mining", he said, adding further action would "be initiated" against them if they did not submit the papers.

India is the world's third biggest iron ore supplier with nearly half of its output of over 200 million tonnes exported to China, which has the world's biggest steel industry.

Orissa's move comes as part of a drive to more enforce regulations introduced in 2009 amid charges many mines were functioning without licences.

Orissa has some 600 mines but over 50 percent have been closed for more than a year since the crackdown began.

The government also said earlier this month said it was considering seeking a ban on exports of iron ore to stop illegal mining and boost local supplies.

Orissa's government found at least 2,823 cases of illegal mining in the five years to June 2009, according to the Press Trust of India.

India's steel industry has been pushing for a ban on iron ore exports to make more of the raw material available locally at cheaper prices.

The country's booming economy faces increasing demand for steel to build badly needed infrastructure and to meet burgeoning demand from the consumer durable goods sectors.

If the Orissa state government's export ban wins acceptance from the federal government it could sharply reduce India's iron ore exports, which have already slumped due to a halt in overseas sales by southern Karnataka state in July.

The drop in exports is seen forcing China to rely more on supplies from Australia and Brazil.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Global Trade News



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


TRADE WARS
Prada latest label to target booming China market
Beijing Jan 23, 2011
Miuccia Prada has already won plaudits for her spring/summer 2011 collection - simply-cut dresses and suits in a quirky mix of stripes and solids, with bold splashes of orange, violet and electric blue. But by displaying the clothes on a runway in Beijing on Saturday evening, her first catwalk show outside Europe, and adding a few looks from her spring menswear line, the Italian designer si ... read more







TRADE WARS
Researchers Discover How To Tame Hammering Droplets

Portable devices linked to US pedestrian death spike

NEC, Lenovo in talks on joint venture: report

Computer makes 3D images from flat photos

TRADE WARS
RAF Begin Training With US On Intelligence Aircraft

Joint STARS Successfully Supports JSuW JCTD

JICO Support System Receives Production Approval

Northrop Grumman Demonstrates MR-TCDL Capabilities

TRADE WARS
Arianespace Announces Eutelsat Contract

ATM Is Readied For Its February Launch On Ariane 5

ISRO To Launch Two Communication Satellites This Year

Arianespace Will Have A Record Year Of Launch Activity In 2011

TRADE WARS
Raytheon To Open GPS Collaboration Center In SoCal

Galileo Satellite Undergoes Launch Check-Up At ESTEC

Europe defends 'stupid' Galileo satellite

Galileo satnav system called 'stupid idea': US cable

TRADE WARS
Electronic devices seen as airplane threat

China to buy Boeing planes worth $19 bn

NASA Invites Students To Send Experiments To The Edge Of Space

Runways change as magnetic north moves

TRADE WARS
Silicon Oxide Gets Into The Electronics Action On Computer Chips

Intel earnings soar with rise of "cloud" computing

Intel to pay NVIDIA billons in patent dispute

Greenpeace ranks 'greenest' electronics

TRADE WARS
St. John, US Virgin Islands

3D Model Of Ionosphere F-Region

Flooding In Brisbane Suburbs

ISRO Ready To Provide Satellite Images Of Sabarimala

TRADE WARS
Giant snails monitor air pollution in Russia

New China pollution targets inadequate: Greenpeace

Indiana utility settles pollution suit

US orders more testing of chromium-6 in tap water


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement