Iron ore pellet makers want exclusive blocks at auctions

The pellet manufacturers have also demanded that the provision to sell up to 25 per cent of the unused iron ore by captive miners be extended to existing mines as well

The makers of iron ore pellets have asked for reservation of iron ore blocks with more than 80 per cent fines deposits exclusively for them. 

"The issue can be addressed by reserving important iron ore blocks to be auctioned under provisions of sub-Rule 3 of Rule 6 of Mineral (Auction) Rules, 2015. Also, the government has to exercise some control over market prices through indexing so that ore is available to plants at reasonable rates”, Pellet Manufacturers Association of India (PMAI) said in a letter to the Union mines secretary Arun Kumar.

The pellet manufacturers have also demanded that the provision to