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News Brief | October 2013

Centre to move SC for relaxing iron ore mining ban

Finance minister P Chidambaram has said the Ministry of Mines would move to Supreme Court seeking relaxation in some of its orders on iron ore. The minister also indicated that if needed, the government would also look at reducing the 30 per cent export duty to make iron ore more competitive in markets such as China, which accounted for 80 per cent of the country's total ore exports.
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