Industry: Materials
Incorporated in 1958 as a Government of India fully owned public enterprise, NMDC is under the administrative control of the Ministry of Steel, Government of India. the company involved in the exploration of wide range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. It is also in the process of securing mining leases of following iron ore mines (some as JV with State Governments):
- Sasangada Iron Ore Deposit, Jharkhand
- Ghatkuri Mine, Jharkhand
- Ramandurg, Karnataka
- Deposit – 13, Bailadila, Chhattisgarh
- Deposit-4, Bailadila, Chhattisgarh
Apart from iron ore, NMDC is developing Magnesite mine in Jammu and Arki Lime Stone Project in Himachal Pradesh. For Value addition, it is in the process of developing a 3 MTPA steel plant at Jagdalpur and 2 pellet plants at Donimalai (1.2 MTPA) and at Bacheli (2 MTPA). NMDC is in the process of merger of Sponge Iron India Limited with plan for expansion to produce billets. Besides, it also plans to go for other minerals such as coal, diamond, and gold for which the company is looking forward for leases / buy properties from foreign countries directly / under Special Purpose Vehicle / Joint Ventures. NMDC has set a Global Exploration Centrer at Raipur, Chhattisgarh in order to enhance its exploration activities.
NMDC is taking up diversification activities through its intensive R&D efforts for production of high-tech and high value-added products from Blue Dust soch as carbon free sponge iron powder, Nano crystalline powder. Furthermore, study is also being conducted for setting up a demonstration plant to beneficiate BHJ/BHQ material for upgradation to +64% Fe iron ore concentrate.
NMDC is investing in development of renewable energy resources as an environment friendly investment. A Wind mill project (10.5MW capacity) has been completed & commissioned at Karnataka.
