NMDC eyes 67 MTPA iron ore output by 2021-22, HR coil rollout by FY19 end

Company's Australian arm applies for allocation of tenements for tungsten in Western Australia

State-owned mining major NMDC plans to nearly double its mining capacity to 67 metric tonnes per annum (MTPA), as part of its diversification and forward-integration plan, It will also be setting up steel plants.

NMDC's current mining capacity across three complexes in Karnataka and Chattisgarh is 35.57 MTPA. By 2021-22, it hopes to increase this to 67 MTPA through brownfield and greenfield expansion, say company sources.

The company has also signed MoUs with Mishra Dhatu Nigam Limited (MIDHANI) and Defence Metallurgical Research Laboratory (DMRL) to explore tungsten investment opportunities in India and abroad to cater Defence and Aerospace sector. 

Australia-based