FCC

NMDC Invests Rs.2,200 Crore to Reach 100 MT Iron Ore Output by 2030

2024-09-17

NMDC Ltd., India's leading iron ore producer, has earmarked Rs.22 billion for FY2025 to significantly expand its production capacity. The investment focuses on establishing new slurry pipelines and processing plants, aiming to increase output from 45 million tonnes (MT) to 100 MT by 2030. Amitava Mukherjee, CMD (Additional Charge) of NMDC, emphasized the company's commitment to sustainability, saying, "Our goal is not just higher production, but responsible growth that benefits communities and reduces environmental impact."

Driven by rising domestic and international demand, NMDC’s expansion includes a 135-kilometer slurry pipeline from Bacheli to Nagarnar, expected to cut carbon-heavy transportation. New Screening Plants at Kirandul and Donimalai will further boost processing capacity.

NMDC is also enhancing its rail infrastructure, upgrading the KK line to handle 40 MTPA and laying a 15 MTPA slurry pipeline. Additionally, new blending yards, a 4 MTPA beneficiation plant in Bacheli, and a 6 MTPA pellet plant at Nagarnar are planned.

Embracing digital transformation, NMDC has integrated SCADA and ERP systems for real-time tracking, while AI and Machine Learning tools are improving operational efficiency. The company also aims to reduce coking coal imports by starting production at an 8 MT coking coal block by FY2026. NMDC is exploring opportunities in critical minerals such as lithium and cobalt through its subsidiary, Legacy India Iron Ore Limited.