Metalogic PMS

ONGC Videsh Ltd Outsources $600M Western Offshore Supply Chain

Single operator model: ONGC outsourcing Western offshore supply chain across 68 sites.

Iron Ore and Pellet Markets Navigate Supply Shifts and Resource Security Concerns

The conference – “The International Iron ore 2.0”, organized by Metalogic PMS on May 19, 2026, in Goa, experts highlighted growing concerns around raw material security, pellet demand, supply-demand balance, and global iron ore trade dynamics shaping the steel sector.

Mr. Anil Patro, Head Raw Material, Jindal Steel, said, “raw material is a big concern for the Indian steel industry. The reason being that the steel capacity is expanding while iron ore.. Read story:

Iron Ore and Pellet Markets Navigate Supply Shifts and Resource Security Concerns The conference – “The International Iron ore 2.0”, organized by Metalogic PMS on May 19, 2026, in Goa, experts highlighted growing concerns around raw

JSW Motors Limited Advances EV Ventures with State Bank of India Support

SBI has provided ₹8,000 crore funding with a tenure of over ten years to support JSW Motors’ new energy vehicle business.

Goa Mining Revival: Unlocking Growth Through Responsible Mining

Goa’s mining sector is entering a cautious revival phase after nearly 15 years of disruption. The International Iron Ore Conference session made it clear that while around 18 mining blocks have been auctioned, only six are operational so far.

Current output is nearly 4 MT against the Supreme Court-mandated cap of 20 MT, showing strong growth headroom but also underlining that the ramp-up will be gradual. With environmental approvals, forest clearances, permitting, and infrastructure constraints, mines may need 3–5 years to become fully operational.

The policy framework is now more disciplined than in the pre-ban period. Goa’s auction-led model, Digital Mining Portal, integrated weighbridges, and GPS-based truck tracking indicate stronger compliance and transparency.

The 50% premium reduction incentive for early operationalisation, with the timeline extended from three to five years, is a practical move to reduce delays.

The session also highlighted Goa’s wider policy relevance, noting that the Mineral Foundation of Goa, created nearly 15 years ago for mining-dependent communities, became an early model for India’s District Mineral Foundation framework.

However, the revival cannot be production-led alone. Community trust remains the deciding factor. Mr. Glenn Kalavampara, Secretary, GMOEA, stressed this clearly: “Absolutely necessary… Goa’s social license to operate is much higher than in any other part of India.”

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Goa Mining Revival: Unlocking Growth Through Responsible Mining Goa’s mining sector is entering a cautious revival phase after nearly 15 years of disruption. The In

OMC May’26 E-Auction Concludes with Decline in Booking Volumes and Bid Prices on MoM Basis

· Bids across iron ore fines and lump grades declined by up to ₹1,000/t and ₹1,200/t on a monthly basis resp.

· Booked volumes declined on a monthly basis despite a reduction in offered quantities

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OMC May’26 E-Auction Concludes with Decline in Booking Volumes and Bid Prices on MoM Basis OMC concluded its May’26 iron ore e-auction amid a lukewarm market response, with bids for iron ore fines across grades declining by up to ₹1,000/t on

GAIL (India) Limited Signs Industrial PNG Supply Agreement with SAIL

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GAIL Signs Industrial PNG Supply Agreement with SAIL Gas Authority of India Limited (GAIL) has executed a Gas Sale Agreement (GSA) with Steel Authority o