Right to information

Objective

Overview

Organ gram

Dev. of Mineral Sector

Concession & Production

Revenue Collection

Exploration of elements

Geomorphology

State Steel plants

MoUs

New Initiatives

Steel Authority of India

OMC ltd.

 
 
 
Development of Mineral Sector

               Mines and Minerals constitute a fundamental component of a nation’s materials and economic base. They are important contributors to the nation’s balance of payment accounts. With the increasing demand for raw materials, minerals need to be discovered and exploited. Orissa has been making concerted efforts to improve its economic base through industrialization in which mineral sector can pave way for faster economic growth. The mineral sector also provides employment to a large section of the population, ranging from unskilled to highly qualified jobs. 

          The abundant resources of Iron ore, Manganese ore, Bauxite, Limestone, Dolomite, Chromites, Coal, Gemstones and Decorative Stones (Granites) of the State and Liberalization of Mining Laws have prompted planning of development of large scale mining and establishment of mineral based industries in the State. Basing on the large resources of Metallurgical grade Iron ore and bauxite, it has been planned to set up a number of iron and steel plants and aluminum complexes. The resources of coal have also invited many industrial houses to set up Thermal Power Projects to cater to the need of electricity for industrial projects. The lucrative occurrences of Diamond have created global eagerness to participate in scientific exploration and exploitation of this valuable mineral and to encourage the investors of International repute.

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