Orissa as a Focussed Mining area

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Mineral resources of Orissa (2007-08)

The State is endowed with vast mineral deposits like coal, iron-ore, manganese-ore, bauxite, chromite, etc. According to All India Mineral Resources Estimates, the mineral deposits of Orissa in respect of chromite, nickel, cobalt, bauxite, iron-ore were about 98.4%, 95.1%, 77.5%, 52.7% and 33.4% respectively of the total deposits of India. Other important mineral resources of the State are limestone, china clay quartz, precious and semi-precious stones, copper, vanadium etc. The main exported minerals of the State are chromite, coal, dolomite, iron-ore, manganese and bauxite. The value of Mineral Production of Orissa 2006-07 (Provisional) was 2,776.15 crore rupees and 5.23% share to All India value. The total productions of Minerals and Ores in the State during 2001-2002 was 749.79 lakh tones valued at Rs. 2,776.15 crore in 2006-07 registering an increase of 8.79% in quantity and 4.84% in value.

The state is endowed with vast mineral deposits like coal, iron-ore, manganese ore, bauxite, chromite etc. According to all-India mineral deposits of Orissa in respect of chromite, nickel, bauxite, iron ore are about 98.39%, 95.11%, 70.39% and 26.5% respectively of the total deposits of India. Other important mineral resources of the state are limestone, china clay, quarts, precious and semi-precious stones, copper, vanadium etc. However, the rate of exploitation of different minerals is much below the potential. During 2007-08, the mineral production of the state was 873.62 lakh tones valued at Rs. 3,694.16 crores. The export of minerals and ore to different minerals ore to different countries during 2007-08 was 58.67 lakh tones valued at Rs. 642.20 crores. Mining royalties and other revenues collected during 2007-08 stood at Rs.443.53 crores as against Rs. 376.45 crores in 2001-02 showing an increase of 17.84%

Other minerals like china clay, fire clay, lime stone, quartz, precious and semi precious stones, copper, manganese, graphite, titanium, vanadium – m etc. are also available in the State

Mineral Reserves in Orissa and India, 2007-2008

Sl. No. Name of the Mineral/Ore Reserve in Orissa Reserve in India Percentage to All India Reserve
1 2 3 4 5

1

Iron-­ore

3,567

13,460

26.50

2

Coal

51,571

2,11,594  

24.37


Source: Directorate of Geology, Orissa, Bhubaneswar

The total production of minerals and ores in the state during 2007-08 was 873.62 lakhs tones valued at Rs. 2910.47 crores in 2008-09, registering an increase of 16.51% in quality and 26.93% in value.

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Future Plans : Focussing increasing growth in exports

 

Adiilaksmi International realises the potential Orissa offers in mineral exports and would endeavour to establish and consolidate itself in the mineral exports.

 

Iron Ore Fines Exports would be the key driver and it would make all efforts to enter into the Exports as soon as possible. We have already registered our company as an important applicant in the Export Plot Bidding Process with the Paradip Port Authorities.

 

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