A Smart Plat­form:

The up­com­ing in­ter­na­tional con­fer­ence on min­er­als and met­als, or­gan­ised by NMDC, could be an ex­cel­lent fo­rum for shar­ing of knowl­edge.

India Business Journal - - CONTENTS - IBJ BU­REAU

The up­com­ing in­ter­na­tional con­fer­ence on min­er­als and met­als, or­gan­ised by NMDC, could be an ex­cel­lent fo­rum for shar­ing of knowl­edge.

Ho­tel Taj Diplo­matic En­clave in New Delhi is all decked up for a big event. The grand ho­tel in the na­tional cap­i­tal will be host­ing a two-day in­ter­na­tional con­fer­ence, Min­er­als & Met­als Out­look 2030, be­tween Oc­to­ber 9 and 10. The mega event is be­ing or­gan­ised by Na­tional Min­eral De­vel­op­ment Cor­po­ra­tion (NMDC), In­dia's largest iron ore miner, in as­so­ci­a­tion with the Fed­er­a­tion of In­dian Cham­bers of Com­merce and In­dus­try (FICCI).

The in­ter­na­tional con­fer­ence, which will be at­tended by the who's who of the world of min­er­als and met­als, will be a cul­mi­na­tion of NMDC's cel­e­bra­tion of 60 fruit­ful years of op­er­a­tion. In fact, the 60th year cel­e­bra­tions of the min­ing com­pany's for­ma­tion were kicked off on a grand scale last De­cem­ber. The in­au­gu­ral func­tion of the Di­a­mond Ju­bilee Year, which was or­gan­ised on De­cem­ber 8, 2017, was graced by Vice-Pres­i­dent M Venka­iah Naidu as chief guest and presided over by Union Min­is­ter of Steel Chaud­hary Biren­der Singh. The in­au­gu­ral func­tion was also marked the launch of NMDC's Di­a­mond Ju­biIn­dia lee logo, a com­mem­o­ra­tive postal stamp and book­let on NMDC's 60-year jour­ney.

Vi­tal de­lib­er­a­tions

A key at­trac­tion of the in­ter­na­tional event will be the wide-rang­ing de­lib­er­a­tions on min­eral and me­tal in­dus­tries. The con­fer­ence will also wit­ness a Global CEO Ses­sion and a Coun­try Panel Dis­cus­sion, with par­tic­i­pa­tion from top CEOs and coun­try heads of global me­tal and min­ing com­pa­nies, de­lib­er­at­ing on the fu­ture of min­er­als and met­als world­wide.

is well en­dowed with most of the min­er­als. It pro­duces 95 types of min­er­als, in­clud­ing fuel, atomic, metal­lic and non-metal­lic as well as mi­nor min­er­als. The coun­try's min­ing sec­tor of­fers tremen­dous po­ten­tial and presents a vast op­por­tu­nity for in­vestors to mine the un­ex­plored re­gion. With rapid pace of ur­ban­i­sa­tion, de­mand for min­er­als and met­als, es­pe­cially from in­fra­struc­ture and man­u­fac­tur­ing sec­tors, is ex­pected to in­creas­ing steadily.

"Min­er­als and met­als are the drivers of growth of a coun­try. NMDC, after six decades of jour­ney in the min­eral sec­tor, views that a lot of space for tech­no­log­i­cal in­no­va­tion still ex- ists. In this con­text, the in­ter­na­tional con­fer­ence on min­er­als and met­als will be an ex­cel­lent plat­form for shar­ing of knowl­edge," notes NMDC Chair­man and Man­ag­ing Di­rec­tor N Bai­jen­dra Ku­mar, who is also the chair­man of the con­fer­ence.

Be­sides, the out­look of global min­eral and me­tal in­dus­tries, the con­fer­ence will also delve into other vi­tal is­sues such as steel-mak­ing and chal­lenges for the steel sec­tor, de­vel­op­ment of iron ore min­ing, cli­mate change and mit­i­ga­tion mea­sures, tech­nolo­gies defin­ing the growth of global min­eral out­put, min­eral pro­cess­ing and ben­e­fi­ci­a­tion, in­clud­ing byprod­uct re­cov­ery and waste man­age­ment. The event will also fo­cus on tech­ni­cal in­no­va­tion, along with spe­cific case stud­ies, in­vest­ment op­por­tu­ni­ties in min­eral and me­tal sec­tors and in­fra­struc­ture and lo­gis­tics de­vel­op­ment, among other key is­sues.

Beyond iron ore

As NMDC cel­e­brates its Di­a­mond Ju­bilee Year, it is clearly pal­pa­ble that the na­tional miner still has miles to go. Be­gin­ning its op­er­a­tions way back in 1958, the Hy­der­abad-head­quar­tered com­pany has emerged as the coun­try's largest iron ore miner.

The over Rs 8,800-crore com­pany is con­sol­i­dat­ing its iron ore min­ing busi­ness, con­cen­trated around Bailadila in Ch­hat­tis­garh and Don­i­malai in Kar­nataka. More­over, it is also ex­pand­ing its fo­cus on steel, gold and di­a­mond - NMDC op­er­ates In­dia's only di­a­mond mine near Panna in Mad­hya Pradesh - as well as other min­er­als, like cop­per, lime­stone and tung­sten, among oth­ers.

NMDC, which closed the last fi­nan­cial year with a record iron ore out­put of 34 mt, is look­ing at tak­ing the out­put of the vi­tal min­eral to 67 mt by 2022. As the min­ing com­pany broad­ens its fo­cus beyond iron ore, the up­com­ing in­ter­na­tional con­fer­ence could pro­vide NMDC with smart cues to dig deeper and scale greater heights.

NMDC Chair­man N Bai­jen­dra Ku­mar: Steer­ing the min­ingcom­pany's grand plans

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