OMDC

The Orissa Minerals Development Company received environmental clearance from the Ministry of Environment, Forest and Climate Change for its Belkundi iron and manganese mine in Odisha on 12 August. The clearance covered annual production of 1.8m tonnes of iron ore and 0.3m tonnes of manganese ore, along with crushing and screening facilities across a 1,276.79-hectare lease area. The project had an estimated cost of ₹121.08 crore and proposed open-cast mining with an 814-person workforce. Bagiaburu was OMDC's only active mine, while Belkundi's mining operations had stopped in December 2009. Mining could not begin until the company met statutory requirements, compensation obligations, lease conditions and pollution-control requirements.

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Aug 13 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• ORISSA MINERALS DEVELOPMENT COMPANY - GRANTED ENVIRONMENT CLEARANCE FOR BELKUNDI IRON & MANGANESE ORE MINE

Source text: ID:nNSEbKfdg5

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The Supreme Court, in a judgment dated 29 July 2026 in the Vanashakti case, upheld the validity of the 2017 notification on environmental clearances and directed that applications delisted solely in light of its earlier stay order and May 2025 judgment be reconsidered. Orissa Minerals Development Company said this restores its environmental clearance proposal for the Belkundi iron and manganese ore mine, which had been delisted by the environment ministry on 31 May 2025. The ministry had already recommended the clearance favourably on 28 July 2026, subject to the outcome of the judgment and fulfilment of other conditions. Belkundi, planned at 1.8 million tonnes per annum of iron ore and 0.3 mtpa of manganese, would become the company's second operating mine after Bagiaburu, which has been active since December 2023. Orissa Minerals reported revenue of ₹94.10 crore in the year to March 2026 and a net loss of ₹2.91 crore.

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The Orissa Minerals Development Company received a recommendation for grant of environmental clearance by the Expert Appraisal Committee for its Belkundi iron and manganese ore mine in Odisha. It is the first major regulatory headway for the project since the original EC proposal was delisted in May 2025, and the company subsequently filed a review petition. The approval covers 1.8 MTPA of iron ore and 0.3 MTPA of manganese ore production across a restricted mining area of 965.423 hectares. The company's only active operation is at Bagiaburu, which recorded revenue of Rs 94.10 crore in FY26 with a net loss of Rs 2.91 crore.

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July 28 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• GOVERNMENT RECOMMENDED GRANT OF EC TO BELKUNDI IRON & MANGANESE ORE MINE

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March 18 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• ORISSA MINERALS DEVELOPMENT COMPANY LTD - APPOINTS GVN PRASAD AS MANAGING DIRECTOR

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** Shares of Gujarat Mineral Development Corporation GMDC.NS and Orissa Minerals Development Company ORIS.NS rise 3.3% and 2%, respectively

** Indian Finance Minister Nirmala Sitharaman announced proposal to support Odisha, Kerala, Andhra Pradesh and Tamil Nadu States to develop rare-earth corridors

(Reporting by Urvi Dugar in Bengaluru)

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June 4 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• ORISSA MINERALS - SUPREME COURT DISPOSES REVIEW PETITIONS BY OMDC, 3A CAPITALS

• ORISSA MINERALS - COURT UPHOLDS REJECTION OF KOLHA-ROIDA LEASE RENEWAL

• ORISSA MINERALS - RENEWAL APPLICATIONS FOR THAKURANI, DALKI LEASES REJECTED BY COURT

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Feb 11 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• ORISSA MINERALS DEVELOPMENT CO - PUBLIC HEARING FOR BHADRASAHI IRON & MANGANESE ORE MINES ON MAR 26

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Jan 7 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• SUSPENDS CFO RAMAKANTA BEHERA

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** Shares of Orissa Minerals Development Company Ltd ORIS.NS rise as much as 8.2% to a record high of 9,721.05 rupees

** Stock on track to rise for third straight day

** Mining co says, State Pollution Control Board, Odisha issued consent to establish order for Belkundi iron & manganese ore mines

** Consent order for production of iron ore (ROM) of 1.8 MTPA & manganese ore 0.3 MTPA (ROM)

** More than 45,000 shares traded as of 9:55 a.m. IST, busiest day yet in Oct. so far

** ORIS last up 4%, adding to YTD gains of 31.9%

(Reporting by Meenakshi Maidas in Bengaluru)

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Oct 9 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• GOT CONSENT TO ESTABLISH FOR BELKUNDI IRON & MANGANESE ORE MINE

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** Shares of mining-related firms gain between 2% and 6.7%

** Finance Minister Nirmala Sitharaman announces exemption from import duty on 25 critical minerals in budget speech

** 20 Microns' MICR.NS 6.7% gain the highest, trailed by Orissa Minerals Development Co's ORIS.NS 2% climb

(Reporting by Kashish Tandon in Bengaluru)

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July 12 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• ORISSA MINERALS DEVELOPMENT CO- SUPREME COURT OF INDIA ISSUED ORDER IN FAVOUR OF STATE OF ODISHA

• ORISSA MINERALS DEVELOPMENT CO- ORDER REJECTING REQUEST FOR RENEWAL OF KOLHA-ROIDA LEASE IS UPHELD

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Dec 14 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• STATE POLLUTION CONTROL BOARD, ODISHA ISSUED CONSENT TO OPERATE FOR BAGIABURU IRON ORE MINES OF CO

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July 24 (Reuters) - Orissa Minerals Development Company Ltd ORIS.NS:

• ADDITIONAL CHARGE OF POST OF MD TO DEB KALYAN MOHANTY

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