By July 15, Odisha government would get a report on long-term ore linkage policy for local industries from the inter-ministerial committee set up for this purpose.
The state government set up the panel to suggest measures for making iron ore, manganese, bauxite and chrome ore available to the mineral-based industries in the state in a fair and equitable manner through
the state mine PSU, Odisha Mining Corporation (OMC) and other mining lessees.
The committee prepared the report based on a wide consultation with all stakeholders with respect to formulating the policy.
The committee aims to ensure that industries operating in the state without raw material linkages get timely and adequate ore supplies at suitable prices.
The report would also suggest modalities for supply of ore to these industries on a sustainable basis through appropriate long-term ore linkage arrangement.
It will also suggest a framework for making the mineral sales to the industries through a transparent process.
The state government had inked 95 MoUs (memorandum of understanding) with private players across sectors like steel, aluminium and power. Of the 50 MoUs with the steel companies, 30 have gone into either partial or full scale production.