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07 Jul, 2010

NMDC in talks with Nippon for steel plant

Top iron ore miner NMDC Ltd is in talks with Nippon Steel Corp, the world's No. 2 steelmaker, to set up a 2milliontonne steel plant in the country, The Economic Times newspaper reported on Wednesday.


Source: Moneycontrol.com

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07 Jul, 2010

NMDC in talks with Nippon on steel mill: Report

'It will be a joint-venture project and likely to cost Rs10,000 crore ($2.12 billion),' the rpeort NMDC chairman and managing director Rana Som as saying.


Source: DNA Money

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07 Jul, 2010

NMDC plans Rs 3,000-cr Bailadila-Vizag ore pipeline

NMDC Ltd proposes to build a Rs 3,000-crore pipeline between its mines at Bailadila and Vizag to evacuate and supply 12 million tonnes of iron ore slurry a year to its domestic customers such as Rashtriya Ispat Nigam Ltd and Essar Steel over the


Source: The Hindu Business Line

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07 Jul, 2010

NMDC seeks Japanese tech for steel plant

NMDC is in talks with Japanese steel makers to source technology for its proposed integrated steel plant in Karnataka and iron ore nugget plant in Andhra


Source: The Hindu Business Line

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06 Jul, 2010

NMDC in talks with Japanese Nippon & Kobe for Karnataka, AP plants

"We are talking to the Japanese steel mills for a joint venture project in Karnataka (including Nippon Steel)," NMDC chairman and managing director Rana Som told reporters here


Source: Livemint.com

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06 Jul, 2010

NMDC profit up 80% on iron ore prices

NMDC's first quarter profit gained about 80% after higher demand led to an increase in volumes and prices


Source: BloombergUTV.com

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02 Jul, 2010

Sponge Iron merged with NMDC

National Mineral Development Corporation Ltd on Thursday said Sponge Iron India Ltd (SIIL) has been merged with the company with effect from today, without being wound up in terms of the orders of the Ministry of Corporate Affairs dated January


Source: The Hindu Business Line

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01 Jul, 2010

NMDC will offer extra 5% discount on iron ore to domestic consumers

NMDC Ltd has decided to offer additional five per cent discount on various types of iron ore being supplied to the domestic consumers. This was decided at the meeting of the board of directors of the company on


Source: The Hindu Business Line

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01 Jul, 2010

NMDC ups iron ore fines price by 11%, or Rs 300/t

Of about 22 million tones of the iron ore the company dispatches, about 60% is in the form of fines.


Source: DNA Money

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26 Jun, 2010

NMDC, Tata Power in coal mining pact

An agreement with Tata Power was signed in Hyderabad on Friday though the officials of NMDC maintained that this was preliminary.


Source: DNA Money

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