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Significant Disruption In Raw Material Supply Possible Post Expiry Of Mining Leases In April 2020: CII Report

December 28, 2019

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The Hindu Business Line

A significant supply disruption is possible in mineral availability because of the expiry of mining leases in April 2020, according to a report by the Confederation of Indian Industry (CII).

Significant Disruption In Raw Material Supply Possible Post Expiry Of Mining Leases In April 2020: CII Report

The report titled ‘Towards a Globally Competitive Minerals and Mining Industry’ said, “A number of leases are due to expire in 2020. With the auction process for these mines still under consideration and given that the process from auctioning a mine to actually commencing operations is long, significant disruption in supply is possible.”

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