Jharkhand discusses utilisation of low-grade iron oreFebruary 18th, 2008 - 5:46 pm ICT by admin
Ranchi, Feb 18 (IANS) A national-level seminar to discuss how low-grade iron ore can be utilised in making steel with the help of latest technology began here Monday. “The seminar will focus on key issues of mining methods, infrastructure, technology and fiscal issues to accelerate the scientific and sustainable iron ore mining and setting up pellet plants for value addition in the state,” Mining Secretary Jay Shankar Tewary told reporters.
The Jharkhand government in collaboration with the Federation of Indian Mineral Industries (FIMI) is organising the seminar.
Tewary said: “The sustainable development of iron ore mining in the state lies in holistic integration of different aspects like environment, economics, peripheral development, conservation of high grade hematite ore and adoption of technology.”
At present Jharkhand produces nine million tonnes of lumps and 10 million tonnes fines of iron every year. The fines produced by the state are exported to countries like China, Japan and South Korea.
The seminar assumes significance given that the state has signed MoUs with 65 companies in steel, mining and power sectors.
“Fifty two of the total MoUs signed by the state government are related to iron ore. To meet the demand of 52 MoUs the state needs seven billion tonnes of iron ore against the state deposit of 3.75 billion tonnes,” Tewary said.
“The seminar will help us to learn how to utilise the low grade iron ores to extract more iron.”
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