Current Date: 24 Feb, 2026

The Iron Triangle: Adani, NMDC, and Vale Forge Global Ore Hub

Adani Ports and Special Economic Zone Limited (APSEZ), through its subsidiary Adani Gangavaram Port Ltd, has signed a strategic Memorandum of Understanding (MoU) with NMDC Limited and Vale S.A. to establish an integrated iron ore blending facility along with a dedicated Special Economic Zone (SEZ) at Gangavaram Port.

The agreement was formalised during the India-Brazil Business Forum Summit in New Delhi, coinciding with the official visit of Luiz Inácio Lula da Silva, the company said in a statement.

As part of the collaboration, the three companies will jointly develop, operationalise and manage an SEZ-driven ecosystem centred on iron ore blending, value addition and commercialisation. The initiative is aimed at strengthening the iron ore export value chain on India’s east coast by improving efficiency, expanding scale and enhancing global competitiveness in mineral processing and trade.

 

News by Rahul Yelligetti.

 

Share

Source : projxnews