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NMDC to identify mineral potential areas using satellite remote sensing

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Capital Market

To establish a Remote Sensing & GIS Laboratory at Hyderabad

NMDC is slated to be the first company under the Ministry of Steel to use satellite based geological mapping for mineral exploration. An MoU was signed between NMDC and ISRO's National Remote Sensing Centre opening up possibilities for NMDC to use ISRO's technology for mineral exploration and a host of other related ventures.

Based on the MoU, NMDC will establish a Remote Sensing & GIS Laboratory at its head office in Hyderabad for interpretation of satellite data that will help NMDC identify and limit mineral potential areas to a smaller zone thereby negating the need for wide physical exploration. Besides, under NRSC's expert guidance NMDC will be able to access the impact of its mining on the environment to ensure sustainable mining by taking pre-emptive steps for better environment management.

 

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First Published: May 06 2016 | 12:37 PM IST

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