NMDC and FICCI to organise Conference on Indian Minerals & Metal Industry

Tags: National News

National Mineral Development Corporation Ltd. (NMDC) and FICCI will be organizing a conference on the Indian minerals and metals industry on 23rd and 24th August at  New Delhi.

Important facts

• The two-day event is being organized to commemorate the 75 glorious years of India's independence and the ongoing "Azadi Ka Amrit Mahotsav" in association with the Union Ministry of Steel and Mines.

• Speakers from industry, policy and academia will participate in the conference.

• Global and domestic producers, mineral associations, policy makers, mine equipment manufacturers, global corporates, central and state government officials, among others, will be present and address the conference.

• The event will also witness a panel discussion on the future of minerals and metals around the world.

Theme of the conference - ‘Transition Towards 2030 & Vision 2047’

Objective of the conference

• The objective of the event is to deliberate on the roadmap for the minerals and metals sector to achieve 'Vision 2047'.

About Minerals

• A mineral is a natural substance of organic or inorganic origin with definite chemical and physical properties.

• Minerals are of two types - Metallic minerals and Nonmetallic minerals

• Examples of metallic minerals are iron ore, copper, gold, etc.

• Non-metallic minerals are basically inorganic such as mica, limestone and graphite, etc.

• Metallic minerals are sub-divided as ferrous and non-ferrous metallic.

National Mineral Development Corporation Ltd. (NMDC)

• It was established in 1958 as a wholly owned public enterprise of the Government of India.

• It is under the administrative control of the Ministry of Steel, Government of India.

• It is India’s largest Iron Ore producer.

• The company was classified as a "Navratna" Public Sector Enterprise in 2008 by the Department of Public Enterprises.