State-owned NMDC will start the commercial production of thermal coal by October-December period and looks to sell around 1 MT of the dry fuel within FY27, said Amitava Mukherjee, Chairman of India’s largest iron ore mining player.
Under the Ministry of Steel, Hyderabad-based NMDC alone caters to the country’s 20 per cent need of iron ore — a key raw material needed to produce steel.
In an interview to PTI, Mukherjee said the company has drawn a road map up to 2030 to diversify its mining operations to support the government’s vision of Viksit Bharat.
“Right now, we are 99.9 per cent an iron ore company. We aim to help the growing industries in the country with maximum of their mineral needs,” the chairman said, adding that this year the company will begin the commercial mining of thermal coal and targets to sell a maximum of 1 MT of the commodity to potential buyers.
“We have reached the coal seam (of Tokisud North coal mine), and the production will start by next quarter,” the .
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