India: Donimalai iron ore dispute will be resolved in 3 months – Minister

Union Minister Prahlad Joshi has assured that the dispute over 80% premium payment from NMDC’s Donimalai iron ore mines will be resolved within three months. Operations at the 7 mn t pa project are stalled since the termination of lease period in Oct’18. A govt panel will decide the royalty to be levied which has been hiked from 15% to 37.5%. Initiation of mining is likely to alleviate domestic supply concerns.


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