National Mineral Development Corporation (NMDC)

State of the Climate in Asia 2024

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 …

NMDC's joint venture in Jharkhand in a fortnight

To undertake mining activities in Jharkhand through this JV. CH Prashanth Reddy / Chennai/ Hyderabad April 03, 2009, 0:46 IST Public sector mineral resources company NMDC is all set to form a joint venture with the Jharkhand State Mineral Development Corporation within a fortnight.

Paswan writes to PM on Ramandurg issue, says NMDC rightful claimant

New Delhi: With the Lok Sabha elections round the corner, the issue of the Mines Ministry

Minister Ola overruled all to reserve mines

New Delhi: Mines minister Sis Ram Ola has ignored his own officials and the advice of the Karnataka Government and overlooked the Cabinet secretary by intensely pitching for reserving 1,503 hectares of the prized Ramandurg iron ore mines in the state for PSU Minerals and Metals Trading Corporation (MMTC). MMTC …

NMDC sees drop in iron ore production

HYDERABAD: The production and sales of iron ore of NMDC is likely to decline by five per cent in the current financial year, according to its Chairman and Managing Director Rana Som. Taking to reporters on the sidelines of a seminar here on Monday, Mr. Som said production was expected …

Two firms move court on Ghatkuri

Battle zone Ranchi, Feb. 26: The battle for Ghatkuri mines is far from over. Two private firms, adversely hit by Governor Syed Sibtey Razi

PSU stakes mines claim

Jamshedpur, Feb. 20: The National Mineral Development Corporation (NMDC) has moved the Supreme Court staking its claim on Ghatkuri iron ore mines. Earlier, the PSU had requested the Jharkhand government to consider its application for the prospecting licence. N.K. Nanda, the director (technical) of the NMDC, in a letter to …

NMDC set to bag mining lease in Jharkhand

NMDC Limited is set to secure mining lease for Sansangora deposit in Jharkhand. The company, which had already obtained mining lease for Kumaraswamy deposit in Karnataka and deposit-11B in Bailadilla (Chhattisgarh), expects to increase its production by 65-70 per cent with these new and existing mines in the next three …

NMDC set to ask buyers to lift 90 pc of contracted ore

With the offtake of iron ore produced from its mines dipping by nearly 38 per cent during the past two months sending jitters through the steel ministry, state-run National Mineral Development Corporation (NMDC) is set to ask its buyers to lift at least 90 per cent of their contracted ore …

NMDC Spice puts Armenian mine buys on hold

Ishita Ayan Dutt / Kolkata December 08, 2008, 0:26 IST In the wake of iron ore price crash, NMDC Spice International has put on hold its proposed acquisition of two iron ore mines in Armenia. NMDC Spice International is a proposed joint venture between state-owned miner NMDC and Spice Minerals …

NMDC reduces iron ore prices by 25%

National Mineral Development Corporation (NMDC), the country's largest producer and exporter of iron ore, has reduced ore prices by 25 per cent, with effect from December 1. A decision to this effect was taken by the public sector undertaking's board at its meeting held on Thursday. NMDC Chairman and Managing …

NMDC seeks foreign partner for Bengal coal project

Public sector diversified mineral resources company NMDC is planning to bring a foreign partner for its proposed joint venture for thermal coal mining in West Bengal, and has even held talks with Rio Tinto, the world

NMDC to invest Rs. 1,000 cr. in Birbhum coal project

KOLKATA: Navratna public sector National Mineral Development Corporation (NMDC) will initially invest Rs. 1,000 crore to develop a coal mining project in Birbhum district in West Bengal, Chairman and Managing Director Rana Som said. Mr. Som was here on the occasion of signing of Memorandum of Understanding (MoU) with the …

NMDC to set up plant

Hyderabad,Aug. 29: National Mineral Development Corporation, India

NMDC in joint venture with Rio Tinto for iron ore mining

Bs Reporter / New Delhi August 19, 2008, 0:13 IST Rio Tinto, the London-based mining group, has signed a memorandum of understanding (MoU) with NMDC, the largest mining company in India, to form an equal joint venture to explore minerals in India and abroad. "We seek to utilise Rio Tinto's …

NMDC, Rio mull JV to buy mining assets

Ishita Ayan Dutt / Kolkata August 06, 2008, 0:24 IST Besides acquiring global assets, the partnership could be extended to domestic market. State-owned mining firm NMDC is in talks with Rio Tinto, the world's second largest diversified mining company, for a 50:50 joint venture, which would bid for global mining …

17 years after deal, navratna PSU to begin mining in state

Shimla, July 27 After 17 years, one of the state's biggest mining projects is back on track. The National Mineral Development Corporation (NMDC) last week got government approval for its proposal to extract and sell steel-grade limestone from deposits in Arki of Solan district. A Government of India navratna PSU, …

NMDC's Environmental Activities

Environmental performance in Indian corporate is typically an ad-hoc and restricted to compliance aspects, however NMDC Limited follows a proactive approach instead of compliance approach. The likely environmental impacts of the mining activities and other allied activities are assessed prior to the commissioning of the production in the mines. Consequently …

Go green is NMDC's success mantra

Environmental performance in Indian corporate is typically an ad-hoc and restricted to compliance aspects, however NMDC Ltd follows a proactive approach instead of compliance approach. The likely environmental impacts of the mining activities and other allied activities are assessed prior to the commissioning of the production in the mines. Consequently …

NMDC may review iron ore exports to Japan, Posco

India's largest iron ore producer and exporter, NMDC Ltd, may review exports to Japanese steel mills and South Korea's Posco in a bid to increase availability in the domestic market and restore the anomaly in net realisations from exports and domestic prices. Currently, domestic prices are higher than export realisations …

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