NMDC Limited, previously known as National Mineral Development Corporation, is an Indian statecontrolled mineral producer. It is 72.43% owned by the Government of India, under the administrative control of the Ministry of Steel. It is involved in the exploration of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite etc. It is India's
Indian Mining Industry An Overview. Mining is one of the core sectors that drive growth in an economy. Not only does it contribute to GDP, it also acts as a catalyst for the growth of other core industries like power, steel, cement, etc., which, in turn, are critical for the overall development
Indian Mining Industry has been a major mineral producer in Asia and globally. Currently it is the global producer of chromite, coal, iron ore and bauxite while enjoying economic growth during the nineties. Mining is over 6000 years old in India.
Oct 30, 20130183;32;Indian Mining Industry An Overview Mining is one of the core sectors that drive growth in an economy. Not only does it contribute to GDP, it also acts as a catalyst for the growth of other core industries like power, steel, cement, etc., which, in turn, are critical for the overall development
Indian Mineral Development Act 160;(IMDA) Specialized tribal lease under Indian Mineral Development Act of 1982 (IMDA) 25 U.S.C. Secs. 21012108. National Environmental Policy Act (NEPA) compliance must be met which may include categorical exclusion (CATEX), environmental assessments (EA), and environmental impact statements (EIS).
Division of Energy and Mineral Development Mission Statement Provide the best possible technical and economic advice and services in assisting Indian mineral owners to achieve economic selfsufficiency by creating sustainable economies through the environmentally sound development of their energy and mineral resources.
One of the most challenging issues in India's mining sector is the lack of assessment of India's natural resources. A number of areas remain unexplored and the mineral resources in these areas are yet to be assessed. The distribution of minerals in the areas known is uneven and varies drastically from one region to another. India is also looking to follow the example set by England, Japan and Italy to recycle and use scrap iron for ferrous industry.
India is the third largest producer of coal^. Coal production in the country stood at 688.8 million tonnes in FY18. Indias coal production in FY19 to reach 739.36 million tonnes. India ranks fourth in terms of iron ore production globally. Production of iron ore in FY19 (up to Feb 19) stood at 187.60 million tonnes.
The total geographical area of India is around 328 million hectares out of which mining lease (other than fuel, atomic and minor minerals) constitutes around 0.14%, barely 20% of it is mined. The Indian subsoils are rich in onshore and offshore crude oil and gas, coal, iron ore, copper, bauxite, etc.