The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
Ishita Ayan Dutt / Kolkata February 18, 2010, 0:38 IST State-run mining major NMDC is in talks with ArcelorMittal for its proposed 10-million tonne steel plant in Karnataka. NMDC sources claimed there had been preliminary discussions with the steel major for the proposed plant.
Intensifying its efforts to secure a global footprint, state-run mineral giant National Mineral Development Corporation (NMDC) is understood to have signed a confidentiality agreement with ArcelorMittal for jointly developing the latter
Rana Som, chairman and managing director, NMDC ` While firming up of steel price will depend on the pace of economic recovery, the ` Centre's target is produce 110 MTPA steel by '20 ` We intend to expand our exploration activities to acquire more mining leases in India and ` …
Hyderabad, Jan. 29: The state owned AP Mineral Development Corporation on Friday signed a Memorandum of Understanding (MoU) with the National Mineral Development Corporation for exploration of low grade iron ore of worth Rs 40,000 crore. The director of mines and geology is also a signatory to the agreement according …
V. Rishi Kumar National Mineral Development Corporation (NMDC), Director of Mines and Geology, and Andhra Pradesh Mineral Development Corporation (APMDC) on Friday signed a memorandum of understanding to take up exploration of low-grade iron ore and gold deposits in the State. The mining exploration work is likely to be centred …
The Cabinet Committee on Economic Affairs (CCEA) will consider a proposal of the steel ministry to sell 8.38 per cent government stake in state-owned mining giant National Mineral Development Corporation (NMDC). The mining giant will achieve the 10 per cent public float criterion the government had specified for listed PSUs. …
NEW DELHI: National Mineral Development Corporation (NMDC) and Steel Authority of India Limited (SAIL) on Monday signed a memorandum of understanding (MoU) to form a joint venture for the development of limestone mines in the sensitive hill region of Arki in Himachal Pradesh. The MoU for the 50:50 joint venture …
Hyderabad, Nov. 10 The Andhra Pradesh Mineral Development Corporation and the National Mineral Development Corporation (NMDC) are all set to enter into an MoU by this month-end for exploration of iron ore in Kadapa, Kurnool, Chittoor and Karimnagar districts in the State for setting up of benefication plants. The Department …
State-owned NMDC today said it was in discussion with the Western Australian government to acquire an iron ore mine for the first time outside the country. The company will be looking for an Australian joint venture partner for the project. Chairman and Managing Director Rana Som met Western Australia's Minister …
Hyderbad, Aug. 9 The Andhra Pradesh Government is contemplating to float a joint venture company with equal stake from Andhra Pradesh Mineral Development Corporation (APMDC) and National Mineral Development Corporation (NMDC). The proposed joint venture is meant to focus exclusively on exploration of iron ore and gold deposits. This was …
Karnataka is all set to steal the march over other mineral-rich states in promoting steel production with the B S Yediyurappa government deciding to set up a 540 sq km integrated steel complex in the iron ore-rich Bellary Hospet area of the state. If the state has its way, then …
The country's largest iron ore producer, NMDC, is likely to restart mining operations at the Panna diamond reserves in Madhya Pradesh by August 15 and is currently undertaking trial runs at the site. NMDC Chairman Rana Som has left for the Panna reserves to assess the production and commercial operations …
New Delhi: The government is looking at four mining units under the administrative control of the steel ministry for stake sale but a roadmap is yet to be drawn. The stake sale is essentially being considered with the aim of meeting their funds requirement, a top government official said on …
Besides graduating from iron ore trading to mining and setting up an integrated steel and pellet plant, MSPL has also diversified into industrial gases, wind energy and shipping When the Baldota brothers corporatised their 10-year-old iron trading business as Mineral Sales Pvt Ltd in 1962, they had only one customer: …
June 24: National Mineral Development Corporation (NMDC) officials have confirmed the existence of hematite mines in the district. The NMDC general manager, Mr Panneer Selvam, and his personnel have been conducting surveys in the district for the last two days. Their surveys made it evident that abundant hematite was available …
PUBLIC sector mining company National Mineral Development Corporation (NMDC) may stop exports of high-grade iron ore if international ore prices, contracted under long-term agreements (LTA) with other countries, continue to fall sharply. The move is expected to hit steel companies in Japan and Korea that source a large part of …
