On 13 Jul’16 Odisha High Court directed the state government to allow JSPL to fast track the procedures and allow the steel maker to lift iron ore stock lying at Sarda mines within 4 weeks. But later next week Odisha govt. said that it is planning to file Special Leave Petition (SLP) in Supreme Court against High Court’s order favoring JSPL’s lifting of iron ore stock from Sarda Mines.
“SLP has already been filed in the Supreme Court against the High Court order over JSPL’s lifting of iron ore stock lying at Sarda mines”, said Mr. Deepak Mohanty (Director of Mines, Odisha) in conversation with SteelMint.
Owing to lack of necessary clearances, Sarda mines had been closed since Apr’14. After long gap of 2 years, on 8 Apr’16, Odisha High Court ordered the steelmaker to lift its iron ore stocks lying at Sarda Mines.
It is estimated that Sarda Mines has inventory that amounts to more than 10-11 MnT. Hence, this positive development might give a big relief to the steel maker in terms of iron ore sourcing as its currently operational Tensa mines is not enough to meet its requirement and the steel maker is dependent on Odisha merchant miners for rest of iron ore sourcing.
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