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Operations at NMDC Donimalai mine to improve domestic iron ore supply: Experts
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Last Updated: Feb 21, 2021, 04:55 PM IST
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Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material, experts say.
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Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material, experts say. Mining at NMDC s 7-million tonnes per annum (MTPA) Donimalai mine in Karnataka resumed from Thursday. After remaining closed for over two years, the country s largest iron ore miner company was able to resume operations following the necessary permission and clearances from the Karnataka government.
Read more about NMDC consolidated net profit jumps 53% to Rs 2,108 crore in Dec quarter on Business Standard. The company had posted a net profit of Rs 1,375 crore during the same quarter a year ago, NMDC said in a BSE filing
AP CM Jagan seeks PM Modi’s intervention in Vizag Steel Plant issue
By Mohd Aslam Hussain| Published: 7th February 2021 11:29 pm IST
Hyderabad: Chief Minister of Andhra Pradesh YS Jaganmohan Reddy has made a fervent appeal to Prime Minister Narendra Modi to rethink RINL Visakhapatnam’s disinvestment plans and explore other opportunities to bring the plant back on track, assuring that the government of Andhra Pradesh will work closely with the Government of India under Modi’s leadership in reviving the plant for unlocking greater value to the society and in particular to the people of Andhra Pradesh.
In a letter addressed to the Prime Minister, he referred to the recent decision of the Cabinet Committee on Economic Affairs (CCEA), which approved in principle the 100% strategic disinvestment of the shareholding of the Government of India in RashtriyaIspat Nigam Ltd.,(RINL) Visakhapatnam, along with management control through privatisation and news items reported in the med
Amid growing outcry against the Centres move to privatise Rashtriya Ispat Nigam Limited (RINL) which has a steel plant in Visakhapatnam, Chief Minister Y S Jagan Mohan Reddy has written to Prime Minister Narendra Modi to reconsider the decision.