Ministry of Mines Classifies Limestone as Major Mineral
The Ministry of Mines has officially classified limestone as a major mineral, removing its previous classification as a minor mineral based on end use. This decision aims to facilitate ease of doing business and promote the utilization of limestone across various industries, particularly cement manufacturing. Existing minor mineral leases will transition to major mineral leases without disruption, and leaseholders will benefit from extended registration and compliance timelines. This change is expected to boost income and employment in rural areas and support economic growth through increased cement production.
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