Vedanta produces first iron ore from Karnataka since 2011

Indian diversified miner Sesa Sterlite produced 1.5 million tonnes of saleable iron ore in the January-March period, parent company Vedanta Resources said on Thursday April 10.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The production came from Sesa Sterlite’s mines in the state of Karnataka, where it resumed mining on December 28 last year following the partial lifting of a mining ban that was put in place in 2011.

The miner sold only 27,000 tonnes of the output, Vedanta said.

Meanwhile, pig iron output rose 28% year-on-year to 133,000 tonnes in the quarter.

Sesa Sterlite’s iron ore mines in Goa have been idled since September 2012 due to the imposition of a mining ban while the state investigates illegal mining activities and environmental breaches.

The company sold 300,000 tonnes of iron ore from its Goan inventories during the quarter through e-auctions initiated in the state this year, but the volumes were not accounted for in the results as no shipments took place before April.

Mining and export bans in Goa and Karnataka have crippled India’s once-prominent iron ore industry. While most bans have been lifted in Karnataka, a final decision from the Supreme Court on lifting the restrictions in Goa are expected this month.  

An expert committee suggested, in a report to the Supreme Court on March 24, that the cap for sustainable mining in Goa should be 27.5 million tpy, but the ideal limit would be 20 million tpy until a scientific study is completed within the next 12 months, Vedanta said.

Sesa Sterlite has an iron ore development project in Liberia. It also produces zinc, lead, silver, copper, aluminium, oil & gas and commercial power.

What to read next
Fastmarkets wishes to clarify that it accepts data submissions in outright price and as a differential to the Mineral Benchmark Price (HPM)-plus-premium for its Indonesian domestic trade nickel ore price assessments. Fastmarkets is also seeking market feedback on recent changes to the Indonesian government’s HPM specifications.
Own-sourced copper output from Glencore’s African copper assets — KCC and Mutanda in the Democratic Republic of Congo — surged by 68% year on year to 67,900 tonnes over the same period, while Glencore’s cobalt production fell by 39% year on year amid the DRC’s export quota system.
Copper’s long-term outlook is constrained by the industry’s limited ability to bring new supply online fast enough to meet rising demand, with permitting delays, higher capital costs and policy risks slowing project development, industry executives said at the FT Commodities Global Summit on Wednesday April 22.
Capital is flowing back into junior mining, but selectively. Investment is increasingly favouring development‑stage assets with clearer paths to production, supported by government funding and strategic partnerships. While demand for critical minerals underpins the cycle, early‑stage explorers continue to struggle for capital as investors prioritise discipline, ESG alignment and near‑term cash flow.
Copper in concentrate production from Ivanhoe Mines' Kamoa-Kakula complex in the Democratic Republic of Congo (DRC) fell to 61,906 tonnes in the first quarter, down by 54% from 133,120 tonnes a year earlier, with the company now evaluating local third-party concentrate purchases to advance the ramp-up of its on-site smelter, according to an April 13 production release as the market focused its attention on the impact of global sulfuric acid shortages during CESCO Week in Chile from April 13-17.
China's planned sulfuric acid export ban from May 1, historic lows for copper concentrates treatment and refining charges (TC/RCs) and a fragmenting 2026 benchmark system dominated CESCO Week 2026 in Santiago from April 13-17.