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Without Congress Venue India holds a fair advantage in cost of production and conversion costs in steel and India is the 3rd largest producer of coal. Coal production stood at 554.13 million tonnes in alumina. Its strategic location enables convenient exports to develop as well as the fast- FY17 and 365.6 million tonnes in FY18 (up to November 2017). India has the 5th largest developing Asian markets. estimated coal reserves in the world, standing at 308.802 billion tonnes in FY16. In 2016, India contributed around 11 per cent of the world’s production of coal. India currently produces around 88 minerals which mainly include 50 non-metallic, 24 minor, 10 metallic, 4 fuel and 3 atomic minerals. India ranks 4th in terms of iron ore production globally. In FY17 and Apr’2017 - Jan’2018, production of iron ore stood at 192 million tonnes and 126.056 million tonnes, Rise in infrastructure development and automotive production are driving growth in the respectively. India has around 8 per cent of world’s deposits of iron ore. sector. Power and cement industries are also aiding growth in the metals and mining India has become the 3rd largest steel producer in FY17 with the production of finished sector. Demand for iron and steel is set to continue, given the strong growth expectations steel at 83.01 million tonnes. India stood as the 3rd largest crude steel producer in 2016, for the residential and commercial building industry. while its production increased to 97.385 million tonnes in FY17 as compared to 90 million tonnes in FY16. Crude steel production from Apr’2017 - Jan’2018 stood at 84.4 million tonnes. According to Ministry of Mines, India has the 7th largest bauxite reserves - around India is the 3rd Largest producer of Coal. Coal Production stood at 554.13 million tonnes 2,908.85 million tonnes in FY17. Aluminium production stood at 1.7 million metric tonnes in FY’2017 and 549.5 million tonnes in FY-18 (upto February 2018). India has the in FY17. th 5 Largest estimated coal reserves in the world, standing at 315.149 billion tonnes in India has vast mineral potential with mining leases granted for longer durations of FY’2017 20 to 30 years. Coal-based power generation capacity in India, which currently stands at 192 GW is expected to reach 330-441 GW by 2040, according to Shri Gopal Singh, CMD, Coal India Ltd. India ranks 4th globally in terms of iron ore production. IN FY'2018, production of iron ore stood at 192 million tonnes. India has around 8% of world's deposit of iron ore. India has become the 3rd largest steel producer in FY'2017 with the production of finished steel at 83.01 million tonnes. India stood as the 3rd largest crude steel producer in 2016, while its production increased to 97.385 million tonnes in FY'2017 as compared to 90 million tonnes in FY'2016. Crude steel production from April'2017 to February'2018 stood at 93.18 million tonnes Cumulative FDI inflows into the mining sector between April 2000 and In February 2018, Government of India approved the methodology for auction of coal mines. Auction held December 2017 stood at USD 14.005 billion as per Department of under this methodology will be ascending forward auctions with the bid parameter being rupees paid to the Industrial Policy and Promotion (DIPP). state government per tonne of actual production. Also, there will be no restriction on sale or utilization of coal. Vedanta Resources Plc is planning to invest around USD 9 billion in India and create more than a million direct or indirect jobs in the country. In August 2017, Ministry of Mines constituted a committee to revisit National Mineral Policy 2008 and announce a fresh and more effective, meaningful and implementable policy. Comments were invited from Metals and Minerals Trading Corporation of India (MMTC) Ltd is in talks the general public and other entities concerned in January 2018. with the National Mineral Development Corporation (NMDC) to sign a new five-year pact for exporting 2.6 million tonnes of iron to Japan and 'Grahak Sadak Koyla Vitaran App' has been launched by Shri Piyush Goyal, Minister of Railways and South Korean industries. Coal, which will benefit customers of Coal India Limited (CIL) lifting coal through road mode. Under the Mines and Minerals (Development and Regulation) Act of The Ministry of Environment, Forest and Climate Change (MoEFCC), Government of India, has eased the 1957, FDI upto 100% under Automatic route is allowed for the mining and guidelines for mining of critical atomic minerals such as uranium or titanium in the Coastal Regulation exploration of metal and non- metal ores including diamond, gold, silver Zone (CRZ) areas. and precious ores, while FDI upto 100% under Government route is The reduction in local and inter-state tax rates after implementation of Goods and Services Tax (GST) is allowed in for mining and mineral separation of titanium bearing minerals expected to result in savings of INR 6,000 crore (USD 937.77 million) for customers of Coal India which and its ores. include NTPC, Korba State Power Houses of Gujarat, Rajasthan and Chhattisgarh and other State The Government of India is taking steps boost the country's domestic Electricity Boards along with private consumers like Adani, Lanco & Balco etc. while increased production steel sector and raise its capacity to 300 million tonnes (MT) by 2030-31. in previous three years has saved the country INR 25,900 crore (USD 4.05 billion) in foreign exchange by reduction in imports. Shri Piyush Goyal, the Union Minister of State for Power, Coal, New & Renewable Energy and Mines, launched the Mining Surveillance System (MSS) in New Delhi to establish a regime of responsive mineral administration by curbing instances of illegal mining activity though automatic remote sensing detection There is significant scope for new mining capacities in iron ore, bauxite technology. and coal and considerable opportunities for future discoveries of sub- surface deposits. In February 2017, the country’s coal ministry allowed National Steel Policy has been established in 2017 with the mission to provide self- sufficiency in steel private companies to engage into mining activities for commercial production by providing policy support and guidance to private manufacturers, MSME steel producers, purposes. CPSEs and encouraging capacity additions. Infrastructure projects continue to provide lucrative business The Odisha government has been granting leases for longer durations of 20 to 30 years due to which India opportunities for steel, zinc and aluminium producers. India’s has seen a significant growth in minerals. infrastructure sector is expected to grow at a CAGR of 35.65% over the period FY 2008-25. The Government also provides fiscal incentives to companies such as one-tenth of the expenditure on prospecting, extraction and production of certain minerals during five years ending with the first year of Iron and steel make up a core component of the real estate sector. commercial production is allowed as a deduction from the total income. Demand for these metals is set to continue given strong growth expectations for the residential and commercial building industry. In captive mining for coal, companies are permitted to set up coal processing plants such as washeries that are for specified end uses, including the setting up of power plants, fertilizers and steel units. 8th in the Series - IME 2019 is a leading institutionalized biennial international exhibition of the Mining, Minerals, Metals and Machinery industries in India 3 Days High Level 8th Asian Mining Congress with Speakers and Delegates from over 20 Countries, who will visit and interact with Exhibitors Concurrent “Buyer Seller Meet” at during Exhibition having presentations from Major Industry Players from the Industry An Ideal Platform for display and launches of new initiatives, machinery products and technologies, establishing joint ventures, developing and renewing international and regional contacts High Level Trade Delegations and Country Level Group Participation expected from Australia, China, Czech Republic, Germany, Poland, Russia and, UK and USA Large participation of leading Mining Equipment & Machinery Manufacturers expected from Asia, Africas, Americas and Europe Participation of Minerals Rich India States and PSU’s, Large Corporates and Small and Medium Organisations The 8th Asian Mining Congress will be organised by The Mining, Geological & Metallurgical Institute of India (MGMI). Eminent Speakers from India and abroad will debate, deliberate and exchange views on the key issues of the mining and allied sectors. Over 600 delegates are expected to participate from over 20 countries (full details in separate brochure of MGMI) Interactive sessions with coal and allied sector companies, technologies & equipment suppliers and service providers - Buyer Seller Meet will be organized at the exhibition venue. During all the previous editions, it was a great value addition to the event. It is also planned to be held during the 8th IME 2019, with much bigger participation. The Presentation will be made by major players of coal and other mineral sectors, in India. Coal Producers Coal Consumers / Producers Built-Up / Shell Scheme Booth Coal Beneficiation & Mineral Dressing Equipments Mining, Logistics, Shipping and Fright Companies Includes: Wall Panels, Carpet, Fascia in English, 1 Spotlight per 3 Mining and Construction Machinery Manufactures Policy Makers sqm., One 5 amp socket per 12 sqm., 1 Counter / Table, 2 Chairs, Basic Electricity for stand lighting, One Expo Directory,
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