en.Wedoany.com Reported - The pace of mining resumption in Goa, India, is accelerating. The state's Pollution Control Board recently issued iron ore mining operation permits to nine enterprises, covering nine mining blocks, with a total annual approved new iron ore extraction volume reaching 7.5 million tons. Due to the monsoon season, local mining activities are expected to officially commence after September this year.

Goa's iron ore mining industry has experienced multiple suspensions and resumptions: a complete halt in 2012, a brief recovery in 2015, followed by another stagnation in 2018 after the Supreme Court canceled the renewal of 88 mining leases; it was not until April 2024, when Vedanta resumed mining in the northern Bicholim mining area, that the state's mining sector restarted after about six years. Currently, new iron ore exports remain subject to an annual limit of 20 million tons. Additionally, Goa plans to proceed with the auction of a fifth batch of mining blocks, aiming to finalize the block details by the end of October and complete the bidding through the MSTC e-auction platform by March 2027.

Goa's iron ore resources are distributed across three mining belts: northern, central, and southern, with the northern belt having advantages in resource reserves and ore grade. According to data from the Goa Directorate of Mines and Geology, local iron ore reserves are estimated at approximately 1 billion tons, with about 80% of the ore being fines and the rest lumps; in the long term, iron ore is primarily destined for export markets, transported via inland river barges and through ports such as Mormugao. Narayan Gad, the director of the department, revealed that in the 2025/26 fiscal year (April 1, 2025, to March 31, 2026), Goa's iron ore extraction volume exceeded 4 million tons, with sales exceeding 2 million tons.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com