Chhattisgarh govt expands mineral exploration with 13 new projects
Initial surveys estimate reserves of 283 million tonnes (mt) of limestone, 67 mt of iron ore, and 300,000 tonnes of bauxite, ...
Higher mineral tax likely to pose a challenge to cement sector recovery
A Supreme Court (SC) judgment in July 2024 is now impacting the cement industry. The SC ruled that state governments have the ...
Devdiscourse5d
State-Imposed Mineral Taxes Threaten Cement Industry Stability
Cement prices in India are poised to rise following a Supreme Court decision allowing states to levy taxes on mineral rights.
Vanguard10d
Kebbi discovers five new mineral deposits, expands total to over 30
The Kebbi State Government has announced the discovery of five additional solid mineral deposits, raising the total number of ...
Global Cement7d
Tamil Nadu government proposes limestone mining tax
India: The Tamil Nadu government will impose a mineral-bearing land tax of US$1.82/t on limestone under the Tamil Nadu ...
Tamil Nadu’s limestone tax: A crushing blow to cement margins?
Tamil Nadu’s ₹160 per tonne limestone tax comes as demand weakens and prices fall, squeezing margins for players like Ramco and Dalmia. Larger rivals are insulated for now, but the move could set a ...