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A bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli took note of the stand of the Central government and lifted the curb on the export of iron ore and asked the firms to observe the conditions imposed by the authorities.
“We grant appellants permission to sell already excavated iron ore stock etc. in three Karnataka districts and permission granted to allocate iron ore by entering into direct contracts without resorting to e-auction. Permission granted to the applicant to export iron ore produced in Karnataka to countries abroad but in terms of Government of India policies,” it said.
Iron ore exports from Karnataka were banned in 2012 by the apex court 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.
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