Average grade of iron ore mined in Goa is 55 percent and waste dumps of Iron Ore in Goa are mainly consists of average grade of 45 percent iron content. These dumps are collected when mining of iron ore is done. The top layers of the mines which consist of laterite, clay, mud and other impurities along with around 45 percent iron content. This layer has to be removed before excavating the iron ore from mines.
The old waste dumps are stocked when iron ore is extracted from mines. The overburden in mines, which consist of rocky, mud, clay and mainly lateritic layers along with low iron content. Very few have the knowledge that these dumps considered as waste also contained precious material like gold, titanium, aluminum, vanadium, zirconium and chromium
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The increase demand in crude oil from Asia has created the gap between supply and demand. With low supply, the Crude Oil and gas have resulted in relatively high prices.
Today India and China are growing economies and the increase in demand of crude oil is expected to rise by 30 million barrel per day by year 2015. In the same trend the expected demand and consumption of Natural Gas in Asia is expected to increase by 654 billion cubic meters by year 2015.
We are supplying raw bauxite ore from Maharashtra on FOR and FOB Terms. We supply all grades of raw bauxite of Al2O3 : 38% , 40%, 42%, 44% and 46%. Higher grades of raw bauxite are also available with us.
The Iron Ore mining in Goa has become the highest political issue in Goa and in the Country. With the senior political personals noted in the scam, the present Government in Goa is facing a heat from the opposition to handle the situation.
The MPT ( Murmagao Port Trust ) at Vasco, Goa has made it clear that being a autonomous body, the port trust cannot act as regulator nor can act as enforcer of its own in respect to the exports or imports without statutory sanctions from the government to act as a agent on their behalf.
The Government of India is introducing new proposals of investment are sectors like electronics, power, information technology, metals, farming, telecom and hardware. These are the sectors where already China has maintained dominance over Indian economy. The Government of India maintaining all measure to develop these sectors.
China’s market is nearly 30% of global electronic market, where as India ‘supply is not more than 1.5% in the global market. Government is preparing the step to support the semiconductor industry along with hardware processing industry in India.