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Adani Ports, NMDC and Vale ink MOU to develop iron ore hub at Indian port

Source: Mysteel Feb 25, 2026 17:10
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Gangavaram Port, located in eastern India's Andhra Pradesh state and just south of Visakhapatnam Port, the country's third largest, is to become a major iron ore hub, according to a statement from Adani Ports and Special Economic Zone Ltd (APSEZ) which claims to be India's largest commercial ports operator.
APSEZ has entered into a strategic Memorandum of Understanding (MoU) with India's state-run iron ore miner NMDC Limited and Brazilian mining giant Vale S.A. to develop an integrated iron ore blending facility and a dedicated Special Economic Zone (SEZ) at Gangavaram Port, it announced on February 21.   Under the MoU,

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