Non-ferrous mining leaseholders face crackdown

Odisha to send Rs 27,000-cr demand notices to firms for over-extraction

After iron and manganese ore mines, it could be the turn of non-ferrous mine leaseholders in Odisha to cough up hefty penalties for extracting ore “beyond the approved limits”.

The Odisha government has prepared draft notices to recover the cost of excess production from coal and other non-ferrous mines like chromite, limestone, and dolomite. 

The notional value of overproduction by coal mines has been assessed at Rs 22,000 crore. For chromite and other non-ferrous leases, the compensation figure works out to be Rs 5,000 crore. Total compensation to be forked out by mining companies could go beyond Rs 50,000 crore, said an