India: NMDC Restores Raw Material Handling System Contract with BHEL
Bharat Heavy Electricals Limited - a govt owned unit yesterday in a BSE filing informed that - "a contract to construct a Raw Material Handling System at NMDC's under construction Integrated Steel Plant, Nagarnar, Bastar district — Chhattisgarh, is being executed by BHEL-ISG Bengaluru division."
BHEL received on 15th July 2019, a Notice of Termination dated 13th July 2019 from NMDC for the above contract. Subsequent to the discussions, NMDC has revoked the termination of the contract and restored the original contract on 27th August 2019.
Way back in 2011, NMDC had awarded the contract to construct the raw material handling system (RMHS) to BHEL and the equipment maker was supposed to complete the package by February, 2014.
NMDC is commissioning greenfield steel plant at Nagarnar in Chhattisgarh with a capacity of 3 MnT.
source: SteelMint
Top News
El Salvador sitting on $3 trillion worth of unmined gold, president says
Gold price could extend record run into 2025, Heraeus says
Trump tariff risk roils gold and silver as New York prices jump
Rio Tinto’s $2.5 billion lithium plan is a win for Milei
Copper price jumps on China policy, but we’ve been here before
Zimbabwe wants 26% free-carry stake in new mining projects
Glencore ties up with Cyclic Materials in copper recycling push
Lithium supply surplus set to stay with battery makers’ help
China tightens rules to curb methane emissions from coal mines
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant
Arcadium Lithium investors sue miner over Rio Tinto takeover
Skeena advances Eskay Creek permitting, unlocks Orion funding
US foreign investment panel split on Nippon-US Steel deal
Norge Mining acquires Europe’s largest natural graphite producer
Australia’s CEFC invests $75m in homegrown critical minerals
Forensic technology aids Brazil’s crackdown on illicit Amazon gold trade
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
BHP seeks Brazil growth to emerge from shadow of mining disaster
Norilsk Nickel plans to sell all it produces in 2025
Gold price could extend record run into 2025, Heraeus says
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant
Arcadium Lithium investors sue miner over Rio Tinto takeover
Skeena advances Eskay Creek permitting, unlocks Orion funding
US foreign investment panel split on Nippon-US Steel deal
Norge Mining acquires Europe’s largest natural graphite producer
Forensic technology aids Brazil’s crackdown on illicit Amazon gold trade
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
