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Posco welcomes Supreme Court order

-The Hindu Bhubaneswar: Posco India on Friday welcomed the Supreme Court's order in the Khandadhar Iron Ore mine case and hoped the verdict would expedite its proposed project in Odisha. "We welcome the judgment by the Supreme Court on the Khandadhar mining case. Once we receive the copy of the full judgment, we will be in a better position to comment upon. However, we believe that this will significantly help to expedite...

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Supreme Court raises Posco hopes on Iron Ore- Gaurav Jain and Ruchira Singh

-Live Mint Court says government should decide allocation of captive mine; move could lead to protests by rival steel makers New Delhi/Mumbai: A Supreme Court (SC) order on Friday raised the prospect that Posco's showcase $12 billion (`65,400 crore today) steel project in Orissa, stalled for at least six years, could be allocated a captive Iron Ore mine, but experts said such a move could lead to protests by other firms...

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Posco mining licence: SC puts the ball in Centre's court

-PTI   The Supreme Court today set aside the Orissa High Court order which had quashed state government's petition to allot Iron Ore licence to South Korean steel major Posco in Khandadhar hills in Sundergarh district for a multi-crore steel plant. A bench headed by Justice R M Lodha asked the Centre to consider all the objections raised by various parties pertaining to the mega steel plant and take a decision. The court was...

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SC tells Centre to decide on mining licence to Posco

-PTI NEW DELHI: The Centre will decide if South Korean steel maker Posco will get Iron Ore for its steel plant in Odisha. The Supreme Court on Friday quashed Orissa high court's order which had set aside state govt's petition to allot Iron Ore licence to Posco in Khandadhar hills. The apex court referred the matter to the Centre asking it to consider all objections raised by various parties against allotment...

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‘States have no inherent power to frame mining policy’

-The Hindu   Act states regulation of mines and mineral development comes within Centre's purview: SC New Delhi: States have no power to frame a mining policy dehors the Mines and Minerals (Development and Regulation) Act and the Mineral Concession Rules. Reiterating this point, the Supreme Court on Tuesday dismissed review petitions filed by the Centre, JSW Steel Ltd and others seeking review of the September 2010 judgment in the ‘Sandur Manganese and Iron...

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