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nmdc bets on bailadila to increase iron ore

NMDC bets on Bailadila to increase iron ore output

Read more about NMDC bets on Bailadila to increase iron ore output on Business Standard. To ramp up rail lines and lay pipelines to improve efficiency of transportPublic sector miner NMDC says the Bailadila sector in Chhattisgarh will contribute 64 per cent to its total iron ore production capacity by 2022. "We are betting heavily on

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NMDC’s Bailadila mines log higher iron ore output in June

Jul 08, 2020· The Bailadila Project of state-run mineral producer NMDC in Chhattisgarh recorded a rise in iron-ore production and sales in June 2020 as against June 2019, despite the

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NMDC s Bailadila mines production up 5% at 1.86 MT in June

The Bailadila iron ore mining projects of NMDC Limited at Chhattisgarh recorded a five per cent increase in production in June this year at 18.61 lakh tonnes, compared to 17.72 lakh tonnes in the

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NMDC eyes export opportunity in iron ore tailings- The New

May 11, 2019· NMDC is also exploring the opportunity to export its tailings from Bailadila sector as current international prices of ore would make it feasible and profitable to

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NMDC to Develop New Iron Ore Reserves E & MJ

NMDC achieved iron ore production of 30.18 million mt during the 12-month period ended March 31, an increase of 11% over the corresponding previous period. A NMDC official said that the access to new reserves at Bailadila 13 would be critical to its goal of ramping-up total ore production to 50 million mt/y within the next five years, for which

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Bailadila Iron Ore Mine: Latest News & Videos, Photos

Sep 26, 2020· NMDC’s iron ore production falls by 2% year-on-year to 2.43 million tonnes in October. The company produced around 2.49 mt of iron ore in the same period last year. Iron ore sales for the month of October 2020 was recorded at 2.52 mt against 2.61 mt in the month of October 2019. September 2020 sales were recorded at 2.11 mt. 04 Nov, 2020, 08

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NMDC 2020 Buyback Record date, Acceptance Ratio

NMDC is India’s single largest iron ore producer, presently producing about 30 million tonnes of iron ore from 3 fully mechanized mines viz., Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State) and Donimalai Iron Ore Mines (Karnataka State). NMDC has made a valuable and substantial contribution to the National efforts

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NMDC bets on Rowghat rail project to boost eastern market

At present, the state-run mining major does not have any operations in Rowghat that contains the second largest iron ore deposits in Chhattisgarh after the Bailadila Iron Ore Mine. Rowghat Mines' reserves have been assessed at 731.93 million tonnes while Bailadila

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NMDC hikes iron ore price for the second time in November

Nov 17, 2020· Mumbai: State-run iron ore producer NMDC Ltd has hiked prices of lump ore for the second time this month by Rs 400 per tonne and that of fines by around Rs 300 per tonne. “Kindly note that the prices of Iron Ore w.e.f. 17-11-2020 has been fixed as Lump Ore at Rs. 4,000/- per ton and Fines at Rs. 3,610 per ton,” the company said in a BSE Filing.

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NMDC stock holds potential. Here's why The Hindu

Dec 30, 2019· The Indian Bureau of Mines, on December 18, approved the mining plan of NMDC to increase the production of iron ore from Kumaraswamy mines from 7

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NMDC’s Bailadila mines log higher iron ore output in June

The Bailadila Project of state-run mineral producer NMDC in Chhattisgarh recorded a rise in iron-ore production and sales in June 2020 as against June 2019, despite the Covid-19 lockdown that had resu

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NMDC to Develop New Iron Ore Reserves E & MJ

NMDC achieved iron ore production of 30.18 million mt during the 12-month period ended March 31, an increase of 11% over the corresponding previous period. A NMDC official said that the access to new reserves at Bailadila 13 would be critical to its goal of ramping-up total ore production to 50 million mt/y within the next five years, for which

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NMDC speed-up efforts to increase Iron Ore evacuation

Notably, NMDC’s iron ore requirement for the steel plant would be 5 MTPA. The exploration work was done at Bailadila Deposit No. 4 by NMDC in the year back in 1972-74. The ore reserves were proved by detailed exploration activities. The Deposit 4 has a production capacity of 7.0 MTPA and spread in a mining lease area of 646.596 hectares.

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NMDC plans to acquire remaining stake in Legacy Iron Ore

The Indian miner has recorded over 22% growth in net profit for the fiscal year 2018-19, due to the increase in iron ore prices. NMDC also plans to increase the existing 29 million tonnes per annum (mtpa) capacity in the Bailadila iron ore mines to 38mtpa. It also plans to expand production at Donamalai mine from 43mtpa to 67mtpa by 2022.

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NMDC 2020 Buyback Record date, Acceptance Ratio

NMDC is India’s single largest iron ore producer, presently producing about 30 million tonnes of iron ore from 3 fully mechanized mines viz., Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State) and Donimalai Iron Ore Mines (Karnataka State). NMDC has made a valuable and substantial contribution to the National efforts

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NMDC’s Trajectory: From Ore Miner to Steel-maker NewsClick

Jan 27, 2020· Also read: Bailadila Iron Ore Mining: Why Adivasis Prefer NMDC Over Adani Kolkata: The Union Steel Ministry, which is the administrative ministry for National Mineral Development Corporation Ltd (NMDC), the country’s largest merchant iron ore producer, has now veered round to the view that the 15 months old Donimalai impasse warrants a

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NMDC eyes tailings export from Bailadila iron ore mine in

May 10, 2019· New Delhi, May 10 State-owned NMDC is looking to export tailings from Bailadila iron ore mine in Chhattisgarh in view of supportive pricing dynamics in global markets, a top official has said.

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NMDC bets on Rowghat rail project to boost eastern market

At present, the state-run mining major does not have any operations in Rowghat that contains the second largest iron ore deposits in Chhattisgarh after the Bailadila Iron Ore Mine. Rowghat Mines' reserves have been assessed at 731.93 million tonnes while Bailadila

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NMDC stock holds potential. Here's why The Hindu

Dec 30, 2019· The Indian Bureau of Mines, on December 18, approved the mining plan of NMDC to increase the production of iron ore from Kumaraswamy mines from 7

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NMDC Limited

NMDC achieved iron ore production of 35.6 million tonnes and sales of 36.0 million tonnes during the year, which are all-time high. It is extremely heartening to share that FY’18 has been a special year with respect to the Company performance also. NMDC achieved iron ore production of 35.6 million

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NMDC sees steady growth in iron ore production

The total sales of iron ore from Bailadila projects in the month of September 2020 is 1.62 MT against 1.34 MT in September 2019, which is 21% higher. Sumit Deb, CMD, NMDC, said: “Since June 2020 the company is on a growth trajectory and will keep improving in the months to come. Though 2020 has been challenging year, NMDC is

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NMDC to commission new iron ore mines

Dec 17, 2014· The Union Steel & Mines Minister Narendra Singh Tomar directed NMDC on Tuesday to aim for annual production of 75 mt iron ore by 2018-19 and 100 mt by 2020-21, according to a ministry statement. Gradual production Earlier, it had decided to scale up its production of iron ore gradually. It aimed to double output at 60 mt by 2018-19.

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How NMDC is taking its business to the next level The

Jun 10, 2019· The National Mineral Development Corporation (NMDC) is all set to take its business to the next level. The PSU, the country’s largest iron ore

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NMDC profit soars, courtesy spike in iron ore prices The

May 29, 2019· Mining major National Mineral Development Corporation (NMDC) registered a 22 per cent growth on the back of iron ore prices touching a record five-year high. The PSU increased its Profit After Tax in the 2018-19 to Rs 4,642 crore, compared to Rs 3,806 crore during the previous fiscal.

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