Mines ministry seeks removal of export duty on iron ore from Goa

The country's mines ministry has written to the finance ministry to propose scrapping a 10 percent export duty on low-quality iron ore from Goa state, an official said, as miners urge the government to help boost sales amid a sharp fall in prices.

A rescuer takes a break as he searches for survivors at a landslide site in the Jiwei Mountain area of Wulong county, Chongqing municipality, June 6, 2009. At least 80 people were feared buried in the landslide at a southwestern Chinese iron ore mine, state media said.  REUTERS/Stringer (CHINA DISASTER IMAGES OF THE DAY) CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA

Mines Secretary Balvinder Kumar told Reuters he wrote to the finance ministry about two weeks ago, but they are yet to get back. Goa is known for low-grade ore used mainly by Chinese steel mills.

A finance ministry spokesman could not immediately be reached for comments.

Reuters

 


Updated Date: Feb 02, 2016 11:47 AM

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