A new mining law by the Centre will contain new rules defining the limit of radioactive content beyond, which private companies will not be allowed to mine. The concession period and the area to be given out on lease will also be defined by the same, says, VV Mineral.
The department of atomic energy also regulates minerals that are below the radio activity threshold to address concerns relating to health.
Sand mineral mining was in the public sector for nearly three decades. Certain minerals were de-listed from the atomic mineral category too allow the entry of private sector in the business from January 2007. The recent changes did not follow the same trend and listed llmentie, rutile, zircon, leucoxene in Part B of the first schedule (atomic minerals).