Fresh deposits for coal, iron ore found in Chhattisgarh

By IANS
Wednesday, February 4, 2009

RAIPUR - Mineral-rich Chhattisgarh has hit another goldmine: a fresh discovery of 90 million tonnes of coal and a little over 22 million tonnes of iron ore.

‘Deposits of 50 million tonnes of coal have been found in Korba district and 40 million tonnes of coal in Raigarh district,’ says the Economic Survey of the state government.

Both districts are located in the state’s northern region where South Eastern Coalfields, one of the most profitable subsidiaries of the government-run Coal India, already runs dozens of mines.

The survey said the iron ore reserves have been discovered in Kanker, Dantewada and Rajnandgaon districts.

Besides coal and iron ore deposits, 2.98 million tonnes of bauxite reserves have also been discovered in Kawardha district.

Chhattisgarh accounts for about 23 percent of the country’s iron ore mined annually, and 18 percent of its coal production.

Filed under: Business, India

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Wisdomseeker
August 25, 2009: 2:41 pm

“Bailadila mines in south Chhattisgarh, from where it is exported to Japan”
Japan is paying very less to the India as per the contract occured 50 years ago, which is not right. And japan is dumping this iron ore in its sea, Japan is just stocking this high quality iron ore. Why government is not renwing the contract, why we are sleeping, in the future Japan will sell our iron ore to us in higher rates

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