fimi

With the US pausing reciprocal tariffs, Indian aluminium producers are closely monitoring trade flow changes, though the pause doesn't affect existing 25% levies. India's steel exports to the US are minimal, but concerns remain about potential dumping from nations like China. In FY24, India's mineral and non-ferrous metal exports to the US reached USD 1,291 million, with aluminium dominating.

New Delhi, Sep 27 () Apex mineral body fimi Thursday sought government support to open up Karnataka's iron ore-rich mining industry, which cannot export the mineral due to a Supreme Court ruling.

The Federation of Indian Mineral Industries (fimi) has submitted a petition to the minister of Mines, Dinsha Patel, requesting him to withdraw and revise the export duty on bauxite, ilmenite and iron ore.

New Delhi, Jun 16 () Beach sand mining ban on private players has resulted in loss of exports worth Rs 4,000 crore and Rs 5,000 crore in revenue, mining body fimi has said, demanding rescinding the order.

New Delhi, Aug 28 () Faced with huge stockpiles of iron ore of about 149 million tonnes lying at mines, India should remove the export duty on high grade iron ore fines and lumps, Federation of Indian Mineral Industries (fimi) said today.

New Delhi, Aug 15 () Aluminium makers are facing shortage of coal to run their captive power plants which has hit their refinery and smelting operations adversely, the Federation of Indian Mineral Industries (fimi) said.

New Delhi, Aug 13 () Noting that only 44 of 88 non-coal mineral blocks could be auctioned even after making 145 attempts, mining body fimi today urged the government to take corrective measures to prevent such situations.

Federation of Indian Mineral Industry (fimi) on Thursday, made a presentation to the commerce ministry in New Delhi on Friday asking for the withdrawal of 30% export duty on iron ore.

: The Federation of Indian Mineral Industries, southern region, has sought the intervention of Supreme Court-appointed Central Empowered Committee chairman to check the ongoing survey by a joint team to demarcate boundaries of 99 mining leases in Bellary-Hospet forest area.

New Delhi, Aug 29 () The government has set a window of two years to start the auction of mining leases due to expire in March 2020, a top official said today.

Miners demanded that the duty on iron ore exports be rolled back, saying that it could result in revenue loss of Rs 4,554 crores if exports slumped by 30%.

Miners' body fimi has made a plea to the government to increase the basic customs duty on import of primary zinc products to 7.5 per cent stating that the country's zinc consumption is well within the domestic production limit.

With iron ore stock piling up in the state and not being utilised to the “maximum”, chief minister HD Kumaraswamy has written to Prime Minister Narendra Modi, seeking his intervention to increase import duty.

New Delhi, May 26 () A mining industry body has pitched for immediate extension of leases of more than 300 non-captive mines until March 2030, expressing fear that the sector may face a crisis-like situation post expiry of licences of these mines next year.

New Delhi, Aug 23 () The global market of recycled lead battery is expected to grow 6.5 per cent annually to USD 11.83 billion by 2022 driven by demand from countries like India and Australia, apex mineral body fimi has said.