Odisha holds the enormous potential to grow as global steel and aluminium hub: Patnaik

Feb 19,2021

Naveen Patnaik, Chief Minister, Odisha, said that the state holds the potential to emerge as a global hub in steel, aluminium, and other mining sectors.

Patnaik addressed this statement to Pralhad Joshi virtually, after inaugurating two iron ore mines at Guali and Jilling in Keonjhar district and Union Minister of Coal and Mines.

He stated that iron ore mines at Guali and Jilling were allocated to the state-owned Odisha Mining Corporation (OMC). These mines will generate 12 million tons of iron ores per annum, and the state will touch the annual production of OMC to 20 million tons per annum. 

Patnaik added that "he hopes that the quick operationalization of OMCs mines will fulfill the desire of the iron ore market and will bring positive changes in the supply situation."

According to sources, Jiling mines and Guali mines have received environmental permission to produce 6.28 million tons of iron ore against its reserve of 79.12 MT and 5.7 million tons of iron ore from Guali. However, 194.12 mt of iron ore is expected to be reserved.

Patnaik said that Odisha has perpetually captured fresh leadership, especially in the mining sector, and supported changes. Odisha government has developed a helpdesk and feedback system under the 5T initiative for ease of doing business in the i3MS Application operation. The disposal method of major mines has been done with greater success in the past few years.

Patnaik said the Centre and the state governments require to work collectively to design Odisha as the highest potential state in the mining and mineral sectors. He appreciated Joshi for allotting Guali and Jilling iron ore mines to the OMC.

Here, Joshi said that Odisha is strong in mines and minerals. He said that if we start working in collaboration, then these mines will support both the state and the country's economics.

Joshi said the state would earn Rs 4,000-Rs 5,000 crore income yearly from these two mines and generate employment chances. Additionally, the two mines are supposed to match the demand in the iron ore market.

Chief Minister said that the coordination between the state and Centre would lay the foundation for the beginning of a new era in its economic growth.

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