NMDC Ltd

Sets a target of 100 mt a year production by 2030

NMDC is also expecting to receive forest clearances by June for diamond mining in the Panna area of Madhya Pradesh

Steel Ministry has set July 1 deadline for resumption of operations at the mine, the only mechanised diamond mining facility

Talks on to increase supplies from Russia too: Steel Secretary Nagendra Nath Sinha

The plant was scheduled for completion and commissioning in September 2022 but was delayed for a variety of reasons

The PSU, currently trading at ₹113.45 per share, can now focus on volume growth with the demerger behind it and prices returning to normalcy

Steel plant in Nagarnar, Chhattisgarh, yet to be commissioned

Iron ore exports are likely to happen in Q4 FY23 and “methodology” of the same is being finalised

Shareholders of NMDC were allotted one share of NMDC Steel for each share held

Details of beneficial owner and corporate restructuring of bidder are also to be intimated

PB Fintech, ONGC, BPCL, HPCL, IOC, NLC India, SJVN, NMDC, YES Bank, Bank of India, Ethos, Orchid Pharma, and Cosmo First

The bidder should have a net worth of at least ₹5,000 crore, and bids can be submitted as a consortium