Mineral Exploration Corporation Limited (MECL), under the Ministry of Mines, Government of India, has signed a memorandum of understanding (MoU) with Odisha Mineral Exploration Corporation Limited (OMECL) at Bhubaneswar for augmenting the exploration of Odisha’s rich mineral resources.
Dr Ranjit Rath, CMD, MECL, said, by joining hands with OMECL the exploration activities of the state will be augmented and additional mineral resources in the state will be established, which will lead to identification of more blocks for auctioning in the greenfield as well as brownfield areas.
Odisha is endowed with large resources of bauxite, china clay, chromite, coal, dolomite, fireclay, graphite, gemstones, iron ore, limestone, manganese ore, mineral sand, nickel ore, pyrophylite and quartz. Odisha is the leading producer of chromite, graphite, bauxite, manganese ore, iron ore, sillimanite, quartzite, pyroxenite and dolomite. The state hosts the country’s sole resources of ruby and platinum group of metals. It accounts for the country’s 95% chromite, 92% nickel ore, 69% cobalt ore, 55% bauxite, 51% titaniferous magnetite, 40% limestone, 36% pyrophyllite, 33% iron ore (hematite), 26% sillimanite, 25% each fireclay & garnet, 24% each coal & zircon and 20% vanadium ore resources.
With an impeccable credential of over 48 years, as a notified exploration agency, MECL is mandated to undertake detailed exploration of mineral acreages and currently operates pan-India with a portfolio of all the major and precious minerals offering integrated mineral exploration services, including preparation of geological reports and consultancies to Central Government, state governments and central public sector enterprises (CPSEs) etc. The government of Odisha has established OMECL to strengthen institutional set-up for mineral exploration in the state, and to upscale mineral exploration activities so that the potential of the mining sector is achieved through scientific exploration of mineral resources.
The MoU was signed on behalf of MECL by Dr. Ranjit Rath, CMD, MECL, and Vineel Krishna, Managing Director OMECL, in the presence of Pralhad Joshi, Union Minister of Parliamentary Affairs, Coal and Mines, Prafulla Mallick, Minister for Steel, Mines and Works, government of Odisha, Suresh Chandra Mohapatra, Chief Secretary, government of Odisha and Surendra Kumar, Secretary Steel & Mines, Odisha and Chairman, OMC.