The Federation of Indian Mineral Industries (FIMI), Southern Region, has expressed concern over the ban on export of iron ore from the State and said “Karnataka is the only State in the country where export is not permitted”.
“After 10 years of mining ban, which was imposed in 2011, and eight years of the final order of the Supreme Court, there has been significant changes in the situation on the ground, making these restrictions redundant and requiring review of the policy framework,” FIMI said in a letter to Minister for Mines and Geology Achar Halappa Basappa.
It said the inflow of iron ore within Karnataka is such that the buyers can bring ore anywhere from the neighbouring States, even imports from other countries. But iron ore which remained unsold in the Karnataka market does not have any alternative avenue to be sold as the export market is banned.
