Business Standard

Steel minister asks NMDC to increase iron ore production

Image

Press Trust of India Hyderabad
: Union Steel Minister Chaudhary Birender Singh today advised state-run miner National Mineral Development Corporation (NMDC) to focus on increasing iron ore production.

"NMDC, being one of the largest miners in India, must focus on increasing iron ore production, this will have the twin benefit of keeping prices in check and ensuring equitable supply of raw material to big and small producers," Singh said, according to a release issued by NMDC.

He said that in order to achieve a production capacity of 67 million tonnes of iron ore by 2021-22, the NMDC needed a visible incremental increase in production in consecutive years.
 

He said that NMDC should focus on exploration of minerals not only in India but also overseas.

Singh today visited the head office of NMDC here and reviewed its performance.

Singh appreciated NMDCs performance and achievements and said that the inaugural function of the Diamond Jubilee Year has become a bench mark for all Public Sector Enterprises (PSEs), the release added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 09 2017 | 9:40 PM IST

Explore News