Adani Enterprises, NMDC Limited and Vale S.A. Sign MoU to Develop Iron Ore Blending Hub at Gangavaram Port

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 develop an integrated iron ore blending facility and a dedicated Special Economic Zone (SEZ) at Gangavaram Port.

The MoU was signed at the India-Brazil Business Forum Summit in New Delhi during the official visit of Luiz Inácio Lula da Silva, according to a company statement.

Under the agreement, the three companies will jointly develop, operationalise and manage an SEZ-based ecosystem focused on iron ore blending, value addition and commercialisation. The initiative aims to strengthen the iron ore export value chain on India’s east coast by enhancing efficiency, scale and global competitiveness in mineral processing and trade.