24
Jan
17:32
NMDC restarts Paloncha sponge iron unit
Indian iron ore producer NMDC has recommenced operations at its sponge iron production unit in Paloncha, the company says in a stock exchange filing monitored by Kallanish.
The plant was restarted in a ceremony attended by executive director Shri T.S. Cherian on 22 January, NMDC confirms, when the furnace in the Direct Reduction Plant (DRP-1) was re-ignited. The operation had been shuttered for a long period “… due to administrative reasons,&rd…
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