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The mining sector reforms introduced by the Centre have turned out to be "instrumental" in augmenting the production of key minerals in the country, Union Minister of Coal and Mines G. Kishan Reddy told the Parliament on Monday. The production of iron ore has doubled from 129 million tonnes in 2014-15 to 258 million tonnes in 2022-23 while the production of limestone has jumped by 37.6 per cent from 295 million tonnes in 2014-15 to 406 million tonnes in 2022-23, the minist...
Iron ore production doubles, limestone output jumps 37 per cent after mining sector reforms: Government
Lloyds Metals & Energy is currently trading at Rs. 739.95, up by 6.70 points or 0.91% from its previous closing of Rs. 733.25 on the BSE. The scrip opened at Rs. 742.90 and has touched a high and low of Rs. 748.70 and Rs. 733.10 respectively. So far 33930 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 785.90 on 04-Jul-2024 and a 52 week low of Rs. 485.30 on 06-Nov-2023. Last one week high and low of the scr...
Lloyds Metals and Energy surges on reporting 6% growth in iron ore production during Q1FY25
India is considering an export tax on low-grade iron ore after small steel producers urged the government to curb its overseas sales, two sources directly involved in the matter said. China typically accounts for more than 90% of overall shipments of iron ore from India, which is the world's fourth largest producer of the steel-making ingredient. Demand for steel in India, the world's second-biggest crude steel maker, has raised iron ore consumption in the country and earlier th...
Exclusive - India considers export tax on low-grade iron ore
The provisional data from the Indian Bureau of Mines (IBM) has stated that India?s mineral output increased by 12.3 per cent in the month of August 2023 as compared to the same month a year ago. The index of mineral production of the mining and quarrying sector for the month of August 2023 at 111.9, is 12.3 per cent higher as compared to the level in the month of August 2022.The mines ministry said the cumulative growth for the April- August period over the corresponding period of the previou...
India`s mineral output increases by 12.3% in August
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