Mining ban to ‘hit’ Sesa Goa performance

The two districts account for about seven percent of India’s estimated 213 million tonnes of annual iron ore output,and the ban could hit exports from the world’s third-largest supplier of the steel-making material.

Sesa Goa said in a statement the mining activities at the company’s Chitradurga mine would have to be stopped with immediate effect as a result of the court order and that would adversely affect the performance of the company.