Economy | Mining
MMTC comes to Goa's rescue to sell unauctioned iron ore
BUSINESS STANDARD, BHUBANESHWAR | 02 October 2015 19:41 IST
The Goa government has roped in Central public sector unit MMTC Ltd to sell 11 million tonnes of iron ore lying with it since the Supreme Court clampdown on illegal mining in the state.
"Recently, the Goa chief minister and other senior officials held discussion with us on the sale of 11 million tonne of iron ore stock lying in the state since the Supreme Court suspended mining operation there three years back. We have agreed to take up the responsibility and await the government order in this regard," MMTC chairman and managing director Ved Prakash told Business Standard.
