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Ministry of Mines of the Republic of India : Export of Iron and Chrome Ores

  • Wednesday, August 28, 2013
  • Source:

  • Keywords:Chrome Ores
[Fellow]
[ferro-alloys.com]Export of minerals, including iron ore and chrome ore is guided by the Export-Import policy (EXIM). To conserve natural resources and to meet the domestic demand, duty on export of iron ore has been increased from 20% to 30% ad valorem basis on all grades of iron ore(except pellets) with effect from 30.12.2011. Export duty on chrome ore increased from Rs. 3000/- per tonne to 30% ad valorem from the year 2012-13 with annual export ceiling of Rs. 3.00 lakh tonne per annum.

The Government of Odisha has requested to ban export of Chromite. Export of chromite is regulated through EXIM Policy and Chromite export is canalized through MMTC.

This information was given by the Minister of Mines, Shri Dinsha Patel in a written reply to a question in Rajya Sabha today.
  • [Editor:editor]

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