Advisor Minerals

Role & responsibilities

• Assist in preparing the application for registration of the proposed Mineral Exchange, including the Detailed Project Report (DPR) and other relevant supporting documents, incorporating commercial, operational and regulatory inputs and requirements.
• Assist in preparing responses to queries, clarifications and observations raised by the Indian Bureau of Mines (IBM), Ministry of Mines and other relevant regulatory and policy authorities.
• Provide expert inputs on domestic and international markets for Iron Ore, Chromite, Bauxite, Limestone, Manganese Ore and other relevant minerals and mineral products, including procurement, sales, trading practices, market participants, demand and supply, and price discovery.
• Advise on mineral-wise commercial aspects, including product specifications, grades, pricing benchmarks, market indices, premiums, penalties and quality-related adjustments.
• Provide practical insights into mining operations, mineral processing, stockyards, warehousing, transportation, loading/unloading, logistics and associated costs.
• Advise on spot, short-term, medium-term and long-term trading arrangements, commercial contracts, pricing mechanisms, delivery terms, payment conditions and transaction settlement.
• Provide inputs on royalties, statutory levies, taxes, duties, District Mineral Foundation (DMF), National Mineral Exploration and Development Trust (NMEDT) contributions and other applicable charges associated with mineral transactions.
• Support stakeholder consultations and liaison with government departments, regulatory authorities, mining companies, mineral buyers, traders, industrial consumers and other market participants.

Preferred candidate profile

Preferably 15-20 years or more of relevant professional experience in the minerals, mining, metals or allied sectors, with preferred experience in the iron ore (lumps, fines, pellets, value-added products) and bulk commodities trading.

• Sound understanding of mineral pricing, contractual arrangements, quality specifications, logistics and associated statutory charges.
• Professionals from mining companies, steel and metals companies, mineral trading organisations, mineral-consuming industries or related organisations may apply, subject to applicable requirements.