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Home Steel News NMDC unveils INR 22 billion plan to double iron ore output by 2030
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NMDC unveils INR 22 billion plan to double iron ore output by 2030

20 Sep 2024 16:11 reported by Louise Wang

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NMDC Limited has allocated INR 22 billion for infrastructure development in 2024-25 to double its iron ore output to 100 million tons annually by 2030.

The company planned to lay a slurry pipeline from Bacheli to Nagarnar, with a transport capacity of 15 million tons, supporting its new 3 million-ton steel plant.

NMDC is also building a 4-million-ton beneficiation plant in Bacheli and a 2-million-ton pellet plant in Nagarnar, with plans to expand the latter to 6 million tons.

Additionally, the company aims to start production at its 8-million-ton coking coal block by December 2025.

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