NMDC targets three-fold increase in production by 2022

Published: Apr 1, 2015 09:41
The state-owned iron ore mining major, NMDC Ltd , has set ambitious production and sales targets for 2015-’16.

 

Author: Paul Ploumis31 Mar 2015 Last updated at 07:08:26 GMT
NEW DELHI (Scrap Monster) : The state-owned iron ore mining major, NMDC Ltd , has set ambitious production and sales targets for 2015-’16. Also, it plans to increase the iron ore production by three-folds by 2021-2022. NMDC has set production target of 35 million tonnes and sales target of 38 million tonnes for 2015-’16.
 
The miner had recently decided to diversify into other areas including steel production, coal mining and manufacture of potash for fertilizers, through joint venture entities. The company targets production volume of 65-75 million tonnes by 2018-’19. Also, it plans to triple its production over the next 5-6 years to surpass 100 million tonnes, stated Narendra Kothari, Chairman and Managing Director of NMDC. With regards to its plans, the company is in the process of preparation of a Vision Document, which is expected to be submitted to the government by May this year.
 
Kothari also clarified that the 3 MT capacity steel plant at Naganar with an investment of Rs. 15,500 crore would be commissioned by December 2016. Efforts are also underway to increase the output from Mozambique-based International Coal Ventures Limited. The company is also planning to enter into joint venture towards manufacture of potash for fertilizer plants.
 
Meanwhile, NMDC has started trial production at its Bailadila Iron ore Deposit 11B. The plant is supposed to have annual production capacity of 7 million tonne. The trial runs at the deposit located in Bailadila region of Dantewada in Chhatisgarh state began last Sunday. The company announced that the trial run at 11B project is an important milestone in achieving the company’s 100 million tonnes production target.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Yingkou Jianfa Shenghai Phase I 300,000 mt Copper Cathode Project Smelting Furnace Starts Production, Pyrometallurgy System Enters Furnace Drying Stage
Sep 12, 2026 16:51
Yingkou Jianfa Shenghai Phase I 300,000 mt Copper Cathode Project Smelting Furnace Starts Production, Pyrometallurgy System Enters Furnace Drying Stage
Read More
Yingkou Jianfa Shenghai Phase I 300,000 mt Copper Cathode Project Smelting Furnace Starts Production, Pyrometallurgy System Enters Furnace Drying Stage
Yingkou Jianfa Shenghai Phase I 300,000 mt Copper Cathode Project Smelting Furnace Starts Production, Pyrometallurgy System Enters Furnace Drying Stage
At 9:58 on September 12, the core smelting furnace of the pyrometallurgy system at Yingkou Jianfa Shenghai Nonferrous Metals & Chemicals Co., Ltd.'s multi-metal recovery project was successfully ignited, officially entering the furnace drying stage and marking a key step toward full-line commissioning and production. Public information shows that the Yingkou Jianfa Shenghai polymetallic complex gold-silver ore comprehensive recovery technology upgrade, relocation, and expansion project uses copper concentrates as its main raw material, with an overall planned capacity of 600,000 mt/year of copper cathode to be built in two phases, with capacity of 300,000 mt/year in each phase. Phase I is designed to produce 300,000 mt/year of copper cathode and 1.18 million mt/year of sulphuric acid, along with supporting systems for smelting, converting, anode refining, electrolysis, slag beneficiation, and precious metal recovery. After this ignition, the project will carry out standardized furnace drying and hot-state integrated trial runs across the entire system to verify equipment, instruments, interlocks, and automatic control systems. The project has not yet formally started raw material feeding and production; after furnace drying and system commissioning are completed, it will further advance the commissioning of Phase I's 300,000 mt/year copper cathode capacity. If the project is successfully brought into production, it is expected to increase copper smelting capacity in North China and further boost domestic demand for copper concentrate raw materials.
Sep 12, 2026 16:51
Precious Metals Remain Range-Bound as Macro Enters Key Validation Window [SMM Precious Metals Macro Analysis]
Sep 11, 2026 17:43
Precious Metals Remain Range-Bound as Macro Enters Key Validation Window [SMM Precious Metals Macro Analysis]
Read More
Precious Metals Remain Range-Bound as Macro Enters Key Validation Window [SMM Precious Metals Macro Analysis]
Precious Metals Remain Range-Bound as Macro Enters Key Validation Window [SMM Precious Metals Macro Analysis]
Sep 11, 2026 17:43
Amigo Resources Reports PGM Values of Up to 7.07 ppm in Tanzania Processing Testwork​
Sep 11, 2026 16:30
Amigo Resources Reports PGM Values of Up to 7.07 ppm in Tanzania Processing Testwork​
Read More
Amigo Resources Reports PGM Values of Up to 7.07 ppm in Tanzania Processing Testwork​
Amigo Resources Reports PGM Values of Up to 7.07 ppm in Tanzania Processing Testwork​
[SMM Flash] Amigo Resources reported independent laboratory results from selected Tanzanian material showing combined PGM values of 6.94–7.07 ppm, alongside residual gold values of 3.27–3.47 ppm. The company said it is assessing the integration of proprietary PGM concentration technology into its processing flowsheets to target recovery from gravity tailings and other residual material. Amigo is also evaluating a pyrometallurgical copper-matte treatment route and has mobilised a small-scale furnace for further testwork.​ The programme could potentially establish PGMs as a recoverable by-product from Amigo's Tanzanian polymetallic material if subsequent metallurgical work demonstrates viable recoveries. However, the reported grades relate to selected test material and processing studies and do not constitute a compliant Mineral Resource, reserve or evidence of commercial-scale PGM production. Further metallurgical testing will therefore be important in determining whether the reported PGM content can translate into an economically recoverable product stream.
Sep 11, 2026 16:30
NMDC targets three-fold increase in production by 2022 - Shanghai Metals Market (SMM)