EXTRAORDINARY
PUBLISHED BY AUTHORITY
No. 1361 CUTTACK, FRIDAY, JULY 26, 2019 / SRAVAN 4, 1941
STEEL & MINES DEPARTMENT
NOTIFICATION
The 25th July, 2019
Subject : Permission for intermediate storage of Iron Ore by the end user industries in the State.
No. 5359-IV(B)SM-35/2019/SM.―Whereas, the validity period of lease of large number of operating mining leases of Iron Ore is going to expire with effect from 31st March, 2020.
And, whereas, State Government, have taken steps to facilitate smooth transition of such mines post 31st March, 2020.
And, whereas, further there being necessity of creating inventory of raw material by the end user industries ahead of such expiry, the proposal for permitting intermediate storage of Iron Ore by the end user industries was under active consideration of Government. Now, after careful consideration, the State Government in exercise of powers vested under rule 10 B of Odisha Minerals (Prevention of Theft, Smuggling and Illegal Mining and Regulation of Possession, Storage, Trading and Transportation) Rules, 2007, have been pleased to permit storage licence for intermediate stockyards by the end user Industries located within the State in relaxation of the provisions of the 6th proviso to rule 3 of the said Rules, 2007 and notification No. 9939-IV(A)SM-151/2010/SM., dated the 16th December, 2011 subject to following conditions―
1. The storage license shall be valid only for Iron Ore and for the maximum period up to 31st March, 2022.
2. The stockyard will be used only for the storage of Iron Ore meant for captive use of the licensee in its plants located within the State and shall not be despatched for trading purposes or for export outside the State.
3. All the requisites clearances, approvals etc. as required by law shall be obtained and maintained by the licensee.
By Order of the Governor
B.N. ACHARYA
Additional Secretary to Government
Printed and published by the Director, Printing, Stationery and Publication, Odisha, Cuttack-10 Ex. Gaz. 692-173+200