Indian miner NMDC's China exports hindered by logistics

29 Sep 2023 CW Team

India's National Mineral Development Corporation (NMDC) is currently grappling with logistical obstacles that are impeding its ability to export low-grade iron ore to China, a key market for the country's iron ore exports, according to a source familiar with the situation who spoke to Reuters.

As of now, NMDC has not responded to a request for comment made by Reuters regarding the issue. The source, who opted to remain anonymous given the confidential nature of the matter, revealed that a critical shortage of railway rakes for transporting the ore within India is significantly impacting the export process.

China is a vital customer, accounting for approximately 80% of India's total iron ore shipments. Low-grade iron ore produced in India is primarily directed towards international markets since the majority of domestic steel producers in India prefer high-grade iron ores.

In a separate development, NMDC is reportedly progressing towards obtaining forest clearances for diamond mining activities in the central Indian state of Madhya Pradesh, as disclosed by the same source. The diamond mine is known to yield approximately 10 carats of diamonds for every 100 tonnes of Kimberlite processed, according to information available on the company's website.

These developments reflect NMDC's efforts to navigate challenges and expand its mineral exploration and export ventures on multiple fronts.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..