Sunday, 16 Jan 2011
Ban on iron ore transportation from the neighboring Karnataka and truckers' strike at home may reduce the state's iron ore exports this season.
Goa Mineral Ore Exporters Association predicts a downfall OF at least 10% in the iron ore exports, considering the trend till December 2010 when it exported 28 million tonnes of ore against the season's expectation of 53 million tonne exports. Of the total 53 million tonne ore, 45 million tonne was from the 100 local mining leases while the rest was transported from the neighboring state of Karnataka.
GMOEA Secretary Mr Glen Kalavampara told PTI that "Since last two months, there is a ban on transportation of ore from Karnataka. Also, local factors like strike by truckers play a role in adding to the woes.”
The truckers transporting the ore have struck work, demanding higher rates for the transportation.
Sourced from PTI
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