Lakshmi Kumaran & Sridharan CorporateAn ISO 9001 / 27001 certified law firm
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Mining

India’s mineral wealth from core sector needs like iron to bauxite to the new age demands like uranium is distributed throughout the length and breadth of the country. India can boast of the some of the largest reserves of coal and iron located in close proximity to each other. Production of nuclear energy using thorium and reducing dependence on uranium - a pioneering move from India has huge potential in the power sector. However the vast store of minerals also lies in proximity to fragile eco-systems, competing needs of people and various other sectors. Mining is therefore subject to a strict regulatory framework. Representation of mining sector on licensing issues including reconnaissance permits, prospecting license and mining leases and advice on policy issues including those relating to prescribed & certain reserved minerals, State mining policies, enforceability of Memorandums of Understanding (MoU), and State Support Agreements require expert domain knowledge.