Odisha’s iron ore production fell by 26% from 145 mn t in FY20 to 107.3 mn t in FY21.
Total production from auctioned mines decreased by 63%, from 71 mn t in FY20 to 26.25 mn t in FY21. For auctioned mines, the production target for FY21 was set at around 51 mn t. During the same period, production from non-auctioned mines increased by 9.46%, from 74 mn t in FY20 to 81 mn t in FY21.
It is to be noted that a total of 19 iron ore mining leases were auctioned in Odisha and it took quite long to complete the entire process of transfer of the mining leases. As a result, production from the auctioned mines was significantly low. Also, Covid-19 and nationwide lockdowns further delayed the whole process of mine transfer to the new owner.
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