(a) whether the Government has taken note that the country is losing its share in the iron ore
market during the last three years in view of closure of mines on directions of the Hon`ble Courts;
(b) if so, the details thereof, State/UT-wise;
(c) the losses incurred by the Government thereby; and
(d) the corrective measures taken by the Government in this regard?
THE MINISTER OF MINES (SHRI DINSHA PATEL)
(a) to (d): Export of iron ore is regulated by the Export-Import (EXIM) Policy of Government of
India which presently provides that export of iron ore upto 64% Fe grade is free and any iron ore
higher than 64% Fe grade shall be exported through MMTC Limited. Export of Iron ore is dependent
upon demand and supply in the international market. The quantum of iron ore export during the years
2009-10 to 2011-12 is as follows:
(Source: GMOEA, KIOCL & MMTC) P: Provisional
(Quantity in Million tonnes)
Year 2009-10 2010-11 2011-12(P)
Iron ore 117.37 97.66 61.74 exported