Hyderabad: NMDC Limited, India’s largest Iron Ore producing Navratna Company, signed an MoU with Mineral Exploration Corporation Limited (MECL) to collaborate and conduct exploration in mutually agreed projects for iron ore, gold, coal, diamond, and other minerals in various states.
This will support the GOI’s ‘Atmanirbhar Bharat Abhiyan’ initiative and extending commitment towards mineral security for the nation.
NMDC is presently producing about 35 million tonnes of iron ore annually from its fully mechanised mines in Bailadila Deposit- 14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State) and Kumaraswamy Iron Ore Mines (Karnataka State). NMDC produces most of the diamonds from the Diamond Mining Project, Panna in Madhya Pradesh. NMDC also has set up an established Research and Development Centre for the study of ore beneficiation and minerals processing. MECL has been carrying out mineral exploration activities from 1972 and is the premier exploration agency in the country.
Sumit Deb, CMD, NMDC said, “NMDC would like to add value to Atmanirbhar Bharat by domestically fulfilling the demands of the steel industry. This will concentrate on priority exploration areas and help in realising the objective of promoting domestic production to foster self-reliance.”
PK Satpathy, Director (Production), NMDC Limited, said that NMDC is using technologies like Space Geophysics EIGEN 6C4 gravity field models for diamond explorations in Madhya Pradesh and said NMDC is also preparing mobile GIS study using the app “Bhuvan Platform” in all its exploration programmes.
“MECL is well poised to augment and expedite exploration coverage for all mineral commodities pan-India. Earlier, MECL has conducted successful exploration for NMDC in Shahpur East & Shahpur West Coal blocks in Madhya Pradesh,” said Dr. Ranjit Rath, CMD, Mineral Exploration Corporation Limited.