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Corporation NMDC intends to increase its production capacity

NMDC is a leading Indian iron ore Corporation. Recently it announced its plans for the current fiscal year. In particular, it intends to increase its production capacity. The figure should reach 63 million tons per year. This result is planned to get to 2022. During the past fiscal year, the figure was 32 million tons. First of all, it is planned to increase production of iron ore in the state of Chhattisgarh. There the company has a number of existing enterprises. Volume is expected to grow to 52 million tons. In addition, we will put into operation new capacity. Their figure is 11 million tons per year.

Also in the plans of the Corporation include the reduction of costs. This will be built shlamoprovoda. It will act as a liaison between the two companies. The first is Bailadila iron ore complex. The second is the factory engaged in the production of pellets. It is located in Jagdalpur. According to preliminary data, the construction of shlamoprovoda cost of 415 million dollars.

In addition, NMDC wants to build a new processing plant. It will be located at the mine Bacheli. In addition there will be constructed another plant which produces pellets. Its design capacity is 2 million tons per year. The company will supply raw materials to metallurgical works. He finds nearby. Its capacity is 3 million tons per goal. The launch of the plant scheduled for the second half of this year. It is known that last year the Corporation had to stop the operation of the enterprise. We are talking about mine, Donimalai. It is located in Karnataka, is characterized by a capacity of 7 million tons. Cause is a conflict with the state government.

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