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NMDC gets nod for modified mining plan of Kumaraswamy Iron Ore Mines

19 Dec 2019 Evaluate

NMDC has received approval for Modified Mining Plan of Kumaraswamy Iron Ore Mines of the company from 7MTPA (7-Million Tonnes per Annum) to 10 MTPA (10-Million Tonnes per Annum) from the Indian Bureau of Mines (IBM), Ministry of Mines, Government of India.

The effective date of approval is for 2020-21 and 2021-22. The company operates the Kumaraswamy Mines at its facility in the state of Karnataka.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

Peers
Company Name CMP
Coal India 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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