PSU NEWS
NMDC to seek addl mining leases to meet higher iron ore output target
RAIPUR. NMDC Ltd is seeking additional mining leases in Chhattisgarh and other states to meet its 100 MTPA target of producing iron ore in future, official sources informed.
To meet the target, the company would require additional mining leases in Odisha, Jharkhand, Karnataka, Chhattisgarh and other states (SPV or other routes).
Moreover, NMDC has plans to increase iron ore production capacity to 75 million tonnes per annum (MTPA) by 2018-19 and 100 MTPA by 2021-22 from the current production level of around 30 MTPA.
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