Path to 100 MTPA: NMDC digs deep, strikes gold down under; project now builds critical mineral skills
Monday, 9 June 2025 () NMDC aims for 100 million tonnes production by 2030. The company seeks reservation of key iron ore mines across India. It has requested state governments for strategic mining leases. NMDC cites inability to compete in auctions with high premium bids. A substantial capital expenditure plan of Rs 65,000-70,000 crore is drawn for expansion. Projects are sanctioned and awaiting approval.
Monday, 9 June 2025 ()
