Export of iron ore upto 64% Fe grades is free and of higher grade canalized through MMTC
Updated: Nov 30, 2015 03:28:06pm
The activities related to the exploration and production of minerals, including iron ore, are regulated as per the provisions of Mines and Minerals (Development and Regulation) Act, 1957 and the rules framed there under.
Further, before commencing of mining operations, it is mandatory to obtain statutory clearances like Environmental Clearance and Forest Clearance, as stipulated in the Environment (Protection) Act, 1986 and Forest (Conservation) Act, 1980 respectively, and other statutory clearances, said Sai in reply to a question in Lok Sabha today. (KNN Bureau)