The Indian Ministry of Mines has issued a formal warning to state-run miners SAIL and OMC, instructing them to operationalize idle mines and increase production or face punitive measures.
The ministry demanded that companies define production-boosting measures by October 2025 and deliver monthly year-on-year growth in output. Failure to comply could result in mine re-allocation, transfer of leases to other operators, or the imposition of an export tax.
In FY 2024–25, SAIL produced 33.78 million mt of iron ore, while OMC output totaled 35.7 million mt. However, India faces a looming risk of a 22–25 million mt annual iron ore shortage by 2030 if production fails to keep pace with steelmaking targets.
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