According to Mining Industry Analysts, the Supreme Court’s Delay Will Harm the Sector
Industry analysts predict a short-term drop in mineral production since current mines will be unable to extend their operations without previous environmental licenses.
According to analysts, the stay might extend the manufacturing timetable by several years.
The mining sector is expected to be disrupted as a result of the Supreme Court’s recent stay ruling, which temporarily suspends the granting of ex-post facto (after-the-fact or retroactive) environmental clearances (ECs).