CURRENT AFFAIRS

Detailed explanation-1: -Supreme Court allows export of iron ore from key mines in Karnataka.

Detailed explanation-2: -Karnataka Mining: Supreme Court Allows Export Of Excavated Iron Ore From Karnataka Mines.

Detailed explanation-3: -Furthermore, the SC banned export of iron ore pellets from Karnataka with an aim to prevent environmental degradation and to ensure that the mineral resources of the state are preserved for future generations as part of the concept of inter-generational equity.

Detailed explanation-4: -The Supreme Court raised the ceiling limit of iron ore mining from 28 MMT to 35 MMT for Ballari district, and from 7 MMT to 15 MMT for Chitradurga and Tumkur districts.

Detailed explanation-5: -The Orissa-Jharkhand belt is one of the major iron ore belts of India. In Orissa high-grade hematite ore is found in Badampahar mines. In Chhattisgarh, the Durg-Bastar-Chandrapur belt is located and has deposits of super high-grade hematite ore.