Nmdc’s Iron Ore Production in C’garh at 3.66 Mt in May ’17

Nmdc’s Iron Ore Production in C’garh at 3.66 Mt in May ’17

NMDC Ltd has recorded production of 3.66 million tonnes of iron ore from its mines in Chhattisgarh as on May 31, 2017, the company informed BSE in its filing.

The company has commenced work for setting up the 2.0 MTPA Pellet Plant at Nagarnar near Jagdalpur in Bastar region of Chhattisgarh, officials informed.

Notably, the company has made a capital expenditure of Rs  4.76 crore as on September 2016 for development of its Bailadila iron ore mines in Bastar region of Chhattisgarh during the last financial year, officials informed.

The company is now going for construction of the 5th iron ore screening line at its existing screening plant number 2 at Bailadila Iron Ore Mine at Kirandul complex in Dantewada district of Bastar region.

It may also be recalled that NMDC has proposed to use its mine lease area at Deposit number 4 located at Bailadila range of hills at Bhansi near Bacheli in South Bastar’s Dantewada district in Chhattisgarh for meeting the raw material requirement ‘exclusively’ for its upcoming 3 MTPA Integrated Steel Plant at Nagarnar, officials informed.

The remaining iron ore quantity after meeting the requirement of integrated steel plant at Nagarnar from  Deposit 4 will be sold to domestic customers in Chhattisgarh, they informed.

The Deposit – 4 iron ore mine will be developed as a ‘standalone project’ with an estimated investment of Rs 1899.74 crores.

Read More

 

Credit – The Daily Pioneer

Leave a Reply

Your email address will not be published.