State-Owned Iron Ore Miner NMDC Diversifies Into Coal

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(PTI)

The country’s largest iron ore miner NMDC has diversified into coal with allotment of two coal blocks in the Hazaribagh district of Jharkhand. It will also help the state-owned company set up coal washeries. “NMDC Ltd diversifies into coal. The Ministry of Coal has allocated two coal blocks to NMDC, Rohne and Tokisud North. I thank Government of India, Ministry of Steel, and Ministry of Coal for reposing faith on NMDC for diversifying into coal,” said NMDC Chairman and Managing Director N Baijendra Kumar.

The coal ministry has allocated Rohne and Tokisud North coal blocks under Section 5(1) of the Coal Mines (Special Provisions) Act, 2015, for commercial mining, NMDC said in a statement.The Rohne coal block has extractable reserves of 191 million tonnes (MT) and planned production capacity of 8 million tonnes per annum,  and the Tokisud North coal block has extractable reserves of about 52 MT of thermal coal and planned production capacity of 2.32 million tonnes per annum.

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