Miners Resist Government's Low-Grade Ore Duty
COAL & MINING

Miners Resist Government's Low-Grade Ore Duty

Miners in India are vehemently opposing the government's proposed imposition of an export duty on low-grade ore. This move comes amidst concerns regarding its potential impact on the mining industry and the economy at large. The mining sector, which plays a significant role in India's industrial landscape, is now facing uncertainty due to this impending policy change.

The government's plan to levy export duties on low-grade ore has sparked widespread backlash from miners across the country. They argue that such a move would adversely affect their competitiveness in the global market, leading to a decline in exports and revenue. Additionally, miners contend that this measure could result in job losses and hinder the growth of the mining sector, which is already grappling with various challenges, including regulatory hurdles and operational issues.

Moreover, miners are urging the government to reconsider its decision and explore alternative solutions to address concerns related to low-grade ore exports. They emphasise the need for a balanced approach that takes into account the interests of all stakeholders, including miners, exporters, and the economy as a whole. Many industry experts have also voiced their apprehensions about the potential consequences of imposing export duties on low-grade ore, highlighting the need for careful deliberation and consultation before implementing such measures.

Furthermore, miners are calling for greater collaboration between the government and industry stakeholders to develop effective strategies for promoting sustainable mining practices and enhancing the competitiveness of the sector. They stress the importance of fostering an environment conducive to investment and innovation in the mining industry to drive economic growth and development.

In conclusion, the debate over the proposed export duty on low-grade ore underscores the complex challenges facing the mining sector in India. As stakeholders continue to engage in discussions and negotiations with the government, the outcome of this issue will have far-reaching implications for the future of mining and industrial development in the country.

Miners in India are vehemently opposing the government's proposed imposition of an export duty on low-grade ore. This move comes amidst concerns regarding its potential impact on the mining industry and the economy at large. The mining sector, which plays a significant role in India's industrial landscape, is now facing uncertainty due to this impending policy change. The government's plan to levy export duties on low-grade ore has sparked widespread backlash from miners across the country. They argue that such a move would adversely affect their competitiveness in the global market, leading to a decline in exports and revenue. Additionally, miners contend that this measure could result in job losses and hinder the growth of the mining sector, which is already grappling with various challenges, including regulatory hurdles and operational issues. Moreover, miners are urging the government to reconsider its decision and explore alternative solutions to address concerns related to low-grade ore exports. They emphasise the need for a balanced approach that takes into account the interests of all stakeholders, including miners, exporters, and the economy as a whole. Many industry experts have also voiced their apprehensions about the potential consequences of imposing export duties on low-grade ore, highlighting the need for careful deliberation and consultation before implementing such measures. Furthermore, miners are calling for greater collaboration between the government and industry stakeholders to develop effective strategies for promoting sustainable mining practices and enhancing the competitiveness of the sector. They stress the importance of fostering an environment conducive to investment and innovation in the mining industry to drive economic growth and development. In conclusion, the debate over the proposed export duty on low-grade ore underscores the complex challenges facing the mining sector in India. As stakeholders continue to engage in discussions and negotiations with the government, the outcome of this issue will have far-reaching implications for the future of mining and industrial development in the country.

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Get CW App