The Union Commerce Ministry will take a final call
on banning iron ore export from Goa soon, Union Additional Mining
Secretary, S K Srivastava, today said.
“Commerce Ministry will take the final call on the issue soon as it enjoys
administrative powers,” he told reporters.
Justice M B Shah Commission of enquiry, which went into illegal mining of iron
ore and manganese ore, had advocated ban on export of these minerals
running into billions of rupees and warned that such activities could influence
state policies besides promoting illegal mining.
Referring to a remark by a senior official of China Minmetals Corporation that
China had begun exploring alternate markets to source its requirement of iron
ore following a decline in iron ore exports from India due to a crack down by
the government to check illegal mining, Srivastava said India is not worried
about the scenario.
India would be able to find good alternative markets for exporting iron ore. Moreover,
the country's consumption of iron ore is increasing, he said added.
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