trending Market Intelligence /marketintelligence/en/news-insights/trending/oOfM3JIltedNkbnkiabDbw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

India's NMDC gets green light to boost Kumaraswamy iron ore capacity to 10 mtpa

Blog

Top electric vehicle markets dominate lithium-ion battery capacity growth

Blog

Message in a (Word)Cloud

Blog

Essential Metals & Mining Insights - January 2021

Industry Top Trends 2021: Metals and Mining


India's NMDC gets green light to boost Kumaraswamy iron ore capacity to 10 mtpa

India's National Mineral Development Corp. Ltd. secured government approval to boost the capacity of its Kumaraswamy iron ore mines, part of the Donimalai property in Karnataka state, to 10 million tonnes per annum from 7 mtpa for 2020/2021 and 2021/2022.

The capacity increase will help the country's projected iron ore supply shortage after March 2020, the company said Dec. 18.

The Indian Bureau of Mines's decision came after the company was recently granted a 20-year extension of its mining leases for the Bailadila iron ore projects in Chhattisgarh state.

Meanwhile, the state-run company said in a separate release that it entered into a memorandum of understanding to supply 5 mtpa of iron ore to a proposed integrated steel plant in the state of Andhra Pradesh.