 "iron ore, mining,")
NMDC, the central government-owned mining entity, says its upcoming integrated steel plant at Chhattisgarh could contribute nearly $1.7 billion (Rs 11,800 crore) to annual revenue (assuming full capacity output). It goes on stream in the second half of 2019-20. It is also implementing a slurry pipeline project to transport iron ore, saying this would cut logistics cost by 55 per cent.
Its strategic plan is to raise iron ore mining capacity, focus on value addition and a global presence.
The current mining capacity is 43 million tonnes per annum (mtpa), to be raised to 67 mtpa by 2021-22, via expansion at existing
