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Monday, December 22, 2008

India: Meltdown may hit 2019-20 coal target

Monday, 22 December 2008

The projected target of producing over 200 million tonnes of steel in the country during 2019-2020 must be revised due to the current slump in the global steel scenario, opined members of the Society of Geo-scientists and Allied technologists (SGAT) at a seminar on "Iron Ores - Genesis and Exploration Techniques" held here recently. The seminar was inaugurated by the state minister for steel and mines Mr Pradeep Kumar Amat who informed the gathering that the state government has decided to step up exploration efforts for proving of reserves of iron and called upon the private sectors to intensify the development of mining areas.
During the seminar the participants made several suggestions including that the government should draw up and implement a time bound exploration programme to ensure supply of Hematite, geo-scientific investigations should be continued unrestricted to decipher accepted models of iron ore genesis, deeper drilling and improved drilling techniques should be used and computer software should be applied in evaluation of iron ore.
It was also decided at the seminar that SGAT will bring out a brochure on the facilities available for earth science education in the state.
As many as 160 delegates from different organisations and institutions including RIO Tinto, CSI, IBM, MECL, NMDC, IMMT, Tata Steel, OMC, Department of Steel and Mines, Orissa; Department of Mining and Geology, Jharkhand, Utkal University, lIT, Bombay, Sesa Goa, CSIRO from Australia, MSPL, Sarda Mines, MGM Minerals, Serajuddin and Co, VISA Steel, Facor, IMFA and Geomin Consultants participated in the seminar.
As adapted from The Statesman

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