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NMDC PRODUCTION CAPACITY
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Tata Steel shares jump 2% to fresh record high: What's driving the gains?Tata Steel shares surged to a new record high on Tuesday. This rise followed the Odisha High Court's decision to quash state government dem...
Tata Steel, JSW Steel or Jindal Stainless? Jefferies, Goldman Sachs bullish on these steel stocksInternational brokerages Jefferies and Goldman Sachs have issued bullish notes for the steel sector, citing multiple reasons for strong ups...
Andhra’s new gold mine could change India’s import storyIndia is set to launch its first large-scale private gold mine, the Jonnagiri project in Andhra Pradesh, aiming to boost domestic productio...
Coal India, NMDC emerge as must-watch mining plays as spot prices surge, says Motilal Oswal's Siddhartha KhemkaIndia's mining and metals sectors show strong opportunity with surging coal and iron ore prices, benefiting Coal India and NMDC. Private ba...
NMDC plans to spend Rs 70,000 crore on capital expenditure in 5 yearsNMDC plans to invest Rs 70,000 crore on capital expenditure over five years to increase production capacity to 100 million tonnes by 2030, ...
NMDC exploring mining opportunities for critical minerals overseasNMDC, India's largest iron ore miner, is exploring mining opportunities for critical minerals like lithium in Australia. The company aims t...
Fundamental Radar: NMDC set to surpass 50 million tonne iron ore output in FY25: Motilal OswalOver FY25, NMDC is likely to surpass a production of 50 million tonne, believes Motilal Oswal Financial Services. The traction in productio...
NMDC sets 100 MT iron ore production target by 2030"In the ongoing financial year, NMDC has targeted to utilize 97 per cent of its production capacity to produce 35 MT of Iron ore. Going for...
NMDC looks to restore full production in a monthAlthough its biggest customer segment — the steel industry — has been running at less than half the capacity due to low demand from end use...
NMDC to spend Rs 6,500 cr towards CAPEX in FY 19 and 20According to chairman cum managing director of NMDC, Baijendra Kumar the centre has put on hold the disinvestment plan of the steel plant "...
NMDC to seek allotments of mines to reach target of 100 million tonne by 2020-21Country's largest iron ore producer NMDC plans to seek additional mine allotments from government to increase production in next five years.
NMDC commences trial production of new iron ore deposit in ChhattisgarhNMDC, one of the country's largest mining companies, has said it has started trial production of its new Project Bailadila Iron Ore Deposit...
NMDC will ready plan to meet 100mt iron ore output targetThe company which produced 30 mt of iron ore in 2013-14, is faced with the daunting task of expanding output more than threefold.
Naxalite problem hits NMDC's Bailadila mine expansionThe Rs 607 crore expansion project of state-run NMDC is set to be delayed further after Naxals burnt part of a conveyor belt.
NMDC-RINL may change pellet plant location to ChhattisgarhState-run firms NMDC and RINL may have to change location of their Rs 1,000 crore pellet plant project from Vizag to Chhattisgarh.
NMDC iron ore production up 37% in October-DecemberNMDC produced 7.3 million tons of iron ore during the quarter ended December 31, 2013, up 37 per cent over the same quarter last year.
- NMDC aims 48 MTPA iron ore production capacity by FY15
The proposed capacity expansion would help it feed its upcoming steel-making plant in Chhattisgarh.
- NMDC offers land, iron ore to Nippon for Rs 9.5K-cr JV project
State-owned NMDC is learnt to have offered Nippon Steel land and iron ore for setting up about Rs 9,500-crore project.
- NMDC to increase capacity to 51 million tonnes by 2014-15
State-owned mining company NMDC on Monday said it plans to increase its iron ore production capacity from 29 million metric tonnes at prese...