The Hyderabad-based NMDC has been struggling since November last year when its 20-year lease of Donimalai mines in Ballari district expired.

Since the past few quarters, the steel sector has been hit badly due to the slowdown in real estate, auto and infrastructure sectors.

NMDC is a largecap company, operating in mining sector.

From April to October, iron ore prices have been on a roller-coaster ride, says Rao.

JSW Steel’s Vijayanagar plant has annual requirement of 22 mt of iron ore. It had plans to import 4 mt in the current financial year from A...

NMDC has carried out pioneering exploration activity for developing iron ore mines in Karnataka in various regions like Kudremukh, Donimala...

The twin technologies, a 5-km long conveyor belt and a ‘green’ pellet plant are already operational in the dusty iron ore fields of Kumaras...

NMDC is developing two new mines - Deposit-11B iron ore project and Kumaraswamy iron ore mine - as part of its ongoing expansion programme.

NMDC will soon start trial production at its Rs 572 crore pellet plant at Donimalai in Karnataka, although commercial output may begin towa...

Seemingly jinxed stateowned company, Kudremukh Iron Ore (KIOCL), battles one challenge after another with little help from the government.

We are a profit earning PSU for the last ten years. We have a small cash reserve ( Rs 1600cr) we will definitely participate in the auction...

State-owned iron ore miner NMDC plans to ramp up its capex by about 70 per cent to Rs 2,720 crore in the current fiscal.

NMDC will invest Rs 30,071 crore during the 12th Five Year Plan period, which started on April 1 this year.

NMDC plans to invest Rs 3,513 crore on its upcoming 3 million tonnes per annum capacity steel plant at Nagarnar in Chhattisgarh.

State-run miner NMDC will be setting up a 300,000-tonne capacity plant to make iron ore concentrate from iron ore waste with an investment ...

The Steel Ministry has recommended granting Navratna status to nation's biggest miner NMDC Limited for excelling in its activities and unfu...

State-run mineral giant NMDC Ltd will invest about Rs 18,000 crore to ramp up its production capacity to 50 million tons (MT) and conduct f...