COVER STORY
“NMDC will increase production by more than 50% in three to four years.”
I
ron ore mining showed a sharp growth on a yearly basis in FY21 on the back of robust demand from the steel sector due to the sharp recovery in domestic as well as global demand. And NMDC was well positioned to take advantage of it. Despite Donimalai mine remaining shut and heavy rains hampering mining activities in Chhattisgarh, the stateowned miner was able to post significant growth in operations in FY21. And with the resumption in mining at Donimalai, 10 mtpa of upcoming beneficiation facilities and with new reforms in mining rules, NMDC is set for brighter days ahead. Sumit Deb, Chairman-cum-Managing Director of NMDC spoke to Ritwik Sinha of Steel Insights on various opportunities for capacity enhancement and efficiency improvements.
6 Steel Insights, April 2021
