JSPL cites iron ore supply bottleneck, wants Odisha to reopen closed mines

Company chairman Naveen Jindal says price of ore has doubled, making it difficult for the firm to sustain jobs

The Odisha government needs to take up the issue of closed iron ore mines with the Centre and ensure their resumption through Ordinance or other means, Jindal Steel & Power Ltd (JSPL) chairman Naveen Jindal said in Bhubaneswar.

“The steel industry is facing difficulties in iron ore supply as iron ore price has gone up by about 100 per cent. The Odisha government should take up the issue with Union government to open and run the closed iron ore mines through ordinance or other means, so that iron ore production increase and its price comes down,” Jindal said.

Closure of iron ore