SC permits firms to export excavated iron ore in K’taka

The Supreme Court on Friday relaxed greater than a decade outdated restriction on the sale of iron ore from Karnataka, saying e-auction obtained low response.

A bench headed by Chief Justice N.V. Ramana additionally granted permission to export iron ore extracted in three districts of Ballari, Chitradurga, and Tumakuru in Karnataka.

The bench, additionally comprising Justices Krishna Murari and Hima Kohli, stated: “We grant appellants permission to sell already excavated iron ore stock etc. in three Karnataka districts and permission granted to allocate iron ore by entering into direct contracts without resorting to e-auction.”

The bench additionally granted permission to the applicant to export iron ore produced in Karnataka to international locations overseas however when it comes to central authorities insurance policies.

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The high court docket order got here on pleas of mining corporations urging it to raise curbs on sale and export of iron ore, which was imposed earlier in view of rampant violations.

A decade in the past, iron ore exports from Karnataka had been banned by the apex court docket with an intention to stop environmental degradation.

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