Sesa Goa's iron ore sales down by 86 percent on mining restrictions in India

India's one of the largest iron ore exporter reported fall in sales by a whopping 86 per cent in the July-September quarter this fiscal on a dip in production due to the mining ban in Karnataka and Goa.

Sesa goa's iron ore output was hit by a year-long ban on mining in Karnataka, temporary restriction in Goa and transportation restrictions in South Goa during the monsoons.

“Sales of iron ore were 2 LT in the second quarter and 31 LT in the first half, as compared with 16 LT and 58 LT in the corresponding prior periods, respectively,” it said in a statement.

“Sales of iron ore were 2 LT in the second quarter and 31 LT in the first half, as compared with 16 LT and 58 LT in the corresponding prior periods, respectively,” it said in a statement.


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