Goa Iron Ore Exporters Defend Export Of Low Grade Ore To China

Iron ore exporters from Goa today claimed that the demand for low grade of ore in China has helped to prolong the life of mining industry in the state.

"The ore which was stacked as rejection at the mining site was exported during last few years after China boom," Shivanand Salgaoncar, President, Goa Mineral Ore Exporters Association (GMOEA) told reporters today.

"The high grade ore in the earth is left untapped. This will increase the lifespan of the industry," he said adding "Thanks to China boom, traditional mine owners prospered. Lot of dumps that were lying idle were exported to the neighbouring country," Salgaoncar stated.

Goa is the largest iron ore exporter with almost 54 million tones of ore being sent from two of its ports - Mormugao Port Trust and Panaji port.

From: http://ping.fm/A4hOo