Government-owned Steel Authority of India (SAIL) plans to raise the iron ore production capacity to 43 million tonne per annum by 2015-16 from the existing 28 mtpa. India’s largest steel maker, which is also the second-largest iron ore producer after NMDC, also believes that with the ongoing and proposed expansion at the mines, it would be able to achieve 58 mtpa iron ore production by 2020.
The company plans to raise production capacity of its Kiriburu mines to 5.5 mtpa from 4.25 mtpa now.
Plans are also afoot to increase production capacity at Meghataburu and Bolani mines to 6.5 mtpa and 10 mtpa, from 4.3 mtpa and 4.1 mtpa respectively.
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