NMDC ltd has reported iron ore production (provisional) of 5.50 million tonnes (MT) from its mines in Chhattisgarh as on July 31, 2018, the company informed in a regulatory filing on Wednesday.
The company had recorded iron ore production of 4.78 million tonnes (MT) (provisional) from its mines in Chhattisgarh as on June 30, 2018.
The company is targetting to achieve 10 million tonnes of iron ore production per annum from each of its mines in Chhattisgarh by 2024-25, official sources informed.
NMDC ltd has acquired environment clearance for its proposed Beneficiation plant at Bacheli in Bastar region of Chhattisgarh, official sources informed.
Notably, NMDC’s Ore Processing Plant at Bacheli will be interconnected by a Slurry Pipeline System between Bacheli and Nagarnar in Chhattisgarh, they informed.
The company which is also in the process of laying a 15 Million Tonnes Per Annum (MTPA) slurry pipeline is executing the project in two phases.
The first phase is being executed from Bacheli to Nagarnar in Bastar region at an estimated outlay of Rs 4,000 crore; and the second phase will be executed from Nagarnar to Vizag in Andhra Pradesh at an outlay of Rs 6,000 crore, officials informed.
Notably, to transport pellet feed concentrate from Bailadila to Vizag via Jagdalpur, the company will have the pipeline laid along the highways with a provision of partial off-take to feed its proposed 3 MTPA Steel plant coming up at Nagarnar.
NMDC is operating iron ore mines at Bailadila Complex in South Bastar Dantewada District Chhattisgarh. It is having long term commitment for supply of iron ore to major steel plants across the country.
Hence, J.V. Company between NMDC and Chhattisgarh Mineral Development Corporation (CMDC) i.e NMDC-CMDC (NCl) was formed for development of a new deposit in the already prospected areas i.e Bailadila Deposit-4 with a production capacity of 7 MTPA for meeting the iron ore requirement of upcoming Steel plant of NMDC at Nagarnar, near Jagdalpur.