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        Customs, DGFT & SEZ

        Export of Mineral.

        March 26, 2012

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        Press Information Bureau
        Government of India
        Ministry of Commerce & Industry

        26-March-2012 16:15 IST

        Export of Mineral

        Major minerals being exported by public and private sector enterprises are iron ore, chrome ore/concentrate and manganese ore.  Iron ore from different states is stored and blended with cargo at various ports.  Therefore, State-wise details of iron ore export are not available.  High grade iron ore is exported through MMTC Limited and 100% Export Oriented Units.  Exports of low /medium grade iron ore are under Open General Licence.  Export of iron ore quantity and value on all India basis is as under :

        Iron Ore

        Quantity : Million Tonnes;  Value : RS. Crores

         

        All India

        2008-09

        2009-10

        2010-11

         

        Quantity

        Value

        Quantity

        Value

        Quantity

        Value

         

        105.87

        34036.67

        117.37

        41794.85

        97.66

         41295.86

         

        Exports of chrome ore/concentrate and manganese ore (excluding lumpy/blended manganese) are canalized through MMTC Limited. Manganese ore is also canalized through Manganese Ore India Limited (MOIL). State-wise details of export of chrome ore/concentrate and manganese ore during the last three years, quantum-wise are as under:-

         

           Quantity :  Lakh Metric Tonnes;  Value : Rs. Crore

         

        State

        2008-09

        2009-10

        2010-11

         

        Chrome Ore/Chrome Concentrate

         

        Quantity

        Value

        Quantity

        Value

        Quantity

        Value

        Orissa

        3.77

        827.08

        5.85

        626.91

        5.27

        807.63

         

        Manganese Ore

        Karnataka

        0.69

        51.38

        1.24

        52.51

        0.24

        12.30

        Andhra Pradesh

        1.22

        55.04

        1.67

        49.60

        1.28

        45.22

        Total

        1.91

        106.42

        2.91

        102.11

        1.52

        57.52

                        Under the extant Foreign Trade Policy, export of iron ore with Fe content 64% and above (except iron ore of Goa and Redi origin) is under the State Trading Regime through MMTC Limited.  However, the feasibility of nodal agency operation, as an interim measure, to cover exports of most grades of iron ore as an accounting procedure is under examination, to enforce legitimacy and tighter regulation of iron ore exports and compliance with mining regulations. 

        This information was given by Shri Jyotiradiya M. Scindia,  Minister of State for Commerce & Industry   in written reply to a question in  Lok    Sabha today.

         DS/GK

        State Trading Regime for iron ore requires canalization through designated agencies, tightening export oversight and compliance. Export regulation distinguishes handling of iron ore by grade: high-grade iron ore exports are through MMTC Limited and 100% Export Oriented Units, low/medium grades are under the Open General Licence. Chrome ore/concentrate and manganese ore exports are canalized through MMTC Limited, with manganese also through MOIL. The Foreign Trade Policy places higher-Fe iron ore within a State Trading Regime via MMTC, and the feasibility of a nodal agency interim accounting mechanism is under examination to tighten export regulation and compliance.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                State Trading Regime for iron ore requires canalization through designated agencies, tightening export oversight and compliance.

                                Export regulation distinguishes handling of iron ore by grade: high-grade iron ore exports are through MMTC Limited and 100% Export Oriented Units, low/medium grades are under the Open General Licence. Chrome ore/concentrate and manganese ore exports are canalized through MMTC Limited, with manganese also through MOIL. The Foreign Trade Policy places higher-Fe iron ore within a State Trading Regime via MMTC, and the feasibility of a nodal agency interim accounting mechanism is under examination to tighten export regulation and compliance.





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                                ActsIncome Tax
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