Key miners in Odisha look to ramp up iron ore production on firm demand

According to a recent report by CARE Ratings, iron ore production in the country is projected to rise by 2-5% in this financial year

Key merchant miners in Odisha are looking at scaling up their iron ore mining capacities because of robust demand. Apart from the firm demand from end-use industries, buoyancy in prices is spurring miners to expand output.

KJS Ahluwalia, a major non-captive miner, has sought green clearance to raise capacity at its Nuagaon iron ore mines from 5.62 million tonnes per annum (mtpa) to 7.99 mtpa. The miner is also keen to install a beneficiation plant with two-mtpa capacity along with crusher and screen plants. The facilities are to come up within the miner's leasehold area.

Aditya Birla Group-owned Essel Mining & Industries Ltd,