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Mining in state now reduced to extraction, sale


Mining in state now reduced to extraction, sale
Post News Network
Joda: Post leasing out of mines, the mining sector in the state is reduced to mineral extraction and sale only. According to reports, the Joda mining circle has high quality iron ore which have high demand abroad but the local industries have become sick.
Given high profits in mineral business, all lease holders and traders generally raise the prices of minerals depending on demand. When demand for iron ores goes up, lease holders lower mineral extraction and create an artificial raw material shortage for industries and seek exorbitant prices from industries.

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