Home News News and Press Release Month 3 2012 2012 (3) This
Press Information Bureau Government of India Ministry of Commerce & Industry
26-March-2012 16:15 IST
Export of Mineral
Major minerals being exported by public and private sector enterprises are iron ore, chrome ore/concentrate and manganese ore. Iron ore from different states is stored and blended with cargo at various ports. Therefore, State-wise details of iron ore export are not available. High grade iron ore is exported through MMTC Limited and 100% Export Oriented Units. Exports of low /medium grade iron ore are under Open General Licence. Export of iron ore quantity and value on all India basis is as under :
Iron Ore
Quantity : Million Tonnes; Value : RS. Crores
All India
2008-09
2009-10
2010-11
Quantity
Value
105.87
34036.67
117.37
41794.85
97.66
41295.86
Exports of chrome ore/concentrate and manganese ore (excluding lumpy/blended manganese) are canalized through MMTC Limited. Manganese ore is also canalized through Manganese Ore India Limited (MOIL). State-wise details of export of chrome ore/concentrate and manganese ore during the last three years, quantum-wise are as under:-
State
Chrome Ore/Chrome Concentrate
Orissa
3.77
827.08
5.85
626.91
5.27
807.63
Manganese Ore
Karnataka
0.69
51.38
1.24
52.51
0.24
12.30
Andhra Pradesh
1.22
55.04
1.67
49.60
1.28
45.22
Total
1.91
106.42
2.91
102.11
1.52
57.52
Under the extant Foreign Trade Policy, export of iron ore with Fe content 64% and above (except iron ore of Goa and Redi origin) is under the State Trading Regime through MMTC Limited. However, the feasibility of nodal agency operation, as an interim measure, to cover exports of most grades of iron ore as an accounting procedure is under examination, to enforce legitimacy and tighter regulation of iron ore exports and compliance with mining regulations.
This information was given by Shri Jyotiradiya M. Scindia, Minister of State for Commerce & Industry in written reply to a question in Lok Sabha today.
DS/GK
9911796707
