The low-grade iron ore has less iron content typically below 58%. File
| Photo Credit: The Hindu
The Ministry of Mines on Tuesday (April 14, 2026) amended the pricing norms for lower grade of iron ore seeking to make their extraction and eventual utilisation by industries, such as steel industry, more economical.
The government has done away using an average selling price of higher grade of iron ore for levying royalty and auction premium. In a statement, the ministry noted that higher levy on the “grade below threshold value made the beneficiation of such minerals uneconomical.”
Published – April 14, 2026 06:01 pm IST
Source: https://www.thehindu.com/business/Industry/mines-ministry-amends-pricing-norms-for-lower-grade-iron-ore-to-make-their-usage-economical/article70861146.ece
