ENA State 2026-02-23 16:42:16 <p><span style="font-size:14px"><strong>Amaravati, Feb 23 (KNN)</strong> Adani Ports and Special Economic Zone Ltd (APSEZ), through its subsidiary Adani Gangavaram Port Limited, has signed a memorandum of understanding (MoU) with NMDC Limited and Brazil-based Vale S.A. to develop an iron ore blending facility at Gangavaram Port.</span></p> <p><span style="font-size:14px">The agreement was signed at the India Brazil Business Forum Summit in New Delhi.</span></p> <p><span style="font-size:14px">Under the MoU, the three companies will jointly develop and manage an integrated iron ore blending and value-addition ecosystem within a dedicated Special Economic Zone (SEZ) at Gangavaram Port. </span></p> <p><span style="font-size:14px">The facility is aimed at strengthening the iron ore export value chain on Indias East Coast and improving efficiency in mineral processing and trade.</span></p> <p><span style="font-size:14px">The development is expected to increase the ports capacity to up to 75 million metric tonnes (MMT) and position it as a key hub for iron ore exports from India and the region.</span></p> <p><strong><span style="font-size:14px">Infrastructure and Operations</span></strong></p> <p><span style="font-size:14px">This collaboration reflects a shared commitment to building resilient, future-ready infrastructure that strengthens Indias position in global supply chains, said Ashwani Gupta, Whole-time Director &amp; CEO, APSEZ. </span></p> <p><span style="font-size:14px">By integrating high-quality mineral logistics with advanced port capabilities, we are supporting industry requirements while contributing to the countrys broader economic growth, he added.</span></p> <p><span style="font-size:14px">The collaboration includes setting up fully mechanised berths and cargo handling systems designed to accommodate Valemax vessels &mdash; among the worlds largest Very Large Ore Carriers (VLOCs) &mdash; with a carrying capacity of up to 400,000 tonnes. </span></p> <p><span style="font-size:14px">The project will also cover yard management, blending operations, and vessel loading and unloading to improve supply chain efficiency.</span></p> <p><span style="font-size:14px">According to APSEZ, the initiative is intended to support industrial requirements while contributing to Indias broader maritime and export infrastructure.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span><br /> </p> 45246 https://knnindia.co.in/news/newsdetails/state/adani-firm-partners-with-nmdc-and-brazils-vale-to-develop-iron-ore-blending-facility-at-gangavaram-port 2026-02-23 16:42:16 knnindia.co.in