To cater to the steel industry’s growing appetite for iron ore, state-owned miner NMDC has decided to raise production capacity to 67 million tonnes per annum by 2021-22, the PSU said in its annual report for 2016-17.
To achieve its goal, the company is looking to expand its footprint in India and abroad. The strategy focuses on growth largely through brownfield expansion of existing mines and improving evacuation along with it.