This is a point of view which has often been argued by mining interests in Goa. How true is it?
QUOTE In the history of mining, Goa ore has never been sold in the country [India] because of its very low grade, so there have never been any takers. Secondly, mine owners are not open to selling ore to inside parties. Goan miners have an art of blending the low grade ore from 45 Fe to 64 Fe to make it export saleable, and there is a cost for this kind of blending. So if the price parity with export price is suitable there is a likelihood of selling Goa ore in the local market, a miner said. CLOSEQUOTE If it is "low grade" and not wanted within the Indian market, then were is the question of mine owners being "not open" to selling it? The above quote is from Navhind Times, Dec 9, 2013. This is a point of view which has often been argued by mining interests in Goa. How true is it? -- FN Phone +91-832-2409490 Mobile +91-9822122436