Karnataka mining: SC permits firms to export excavated iron ores
Iron ore exports from Karnataka were banned in 2012 by the apex court with an aim to preventing environmental degradation and to ensure that the mineral resources of the state are preserved for future generations as part of the concept of inter-ge...
"We grant appellants permission to sell already excavated iron ore stock etc. in three Karnataka districts and permission granted to allocate iron ore by entering into direct contracts without resorting to e-auction. Permission granted to applicant to export iron ore produced in Karnataka to countries abroad but in terms of Government of India policies," it said.
Iron ore exports from Karnataka were banned in 2012 by the apex court with an aim to preventing environmental degradation and to ensure that the mineral resources of the state are preserved for future generations as part of the concept of inter-generational equity.
The order was passed on pleas of mining firms seeking the lifting of curbs on sale and export of iron ore imposed earlier on account of rampant violations.
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