Iron ore blending facility and SEZ development partnership

Deal Analysis

Adani Ports and Special Economic Zone Limited (APSEZ), through its subsidiary Adani Gangavaram Port Ltd, has partnered with NMDC Ltd and Vale SA to develop an integrated iron ore blending facility and dedicated Special Economic Zone (SEZ) at Gangavaram Port in India. This development project aims to create an SEZ-based ecosystem focused on blending, value addition, and commercialization of iron ore. The three parties will jointly develop, operationalise, and manage the facility, leveraging their respective expertise in port operations, iron ore production, and global commodity trading. This partnership signifies a strategic move to enhance India's iron ore processing capabilities and export potential. By establishing an integrated facility within a dedicated SEZ, the project aims to streamline operations, reduce costs, and attract further investment in the iron ore value chain. The involvement of major players like APSEZ, NMDC, and Vale suggests a significant commitment to the project and its potential to transform the region into a key hub for iron ore processing and trade.

Partnership between Adani Ports, NMDC, and Vale, three major players in port operations and iron ore production.
Development of an integrated iron ore blending facility and dedicated SEZ.
Focus on value addition and commercialization of iron ore.
Project located in India, a key market for iron ore production and consumption.

Market Context: The industrial sector in India is experiencing growth, driven by infrastructure development and increasing demand for raw materials like iron ore. The development of SEZs is a government initiative to promote exports and attract foreign investment.

Source Intelligence

KEY DETAILS

Gangavaram Port is poised to become the first port in India capable of handling Valemax vessels – the world’s largest Very Large Ore Carriers (VLOCs), with carrying capacities of up to 400,000 tonnes. Quote: "Gangavaram Port is poised to become the first port in India capable of handling Valemax vessels – the world’s largest Very Large Ore Carriers (VLOCs)", "mechanised berthing and cargo-handling facilities capable of accommodating Valemax vessels with carrying capacities of up to 400,000 tonnes."

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Capacity

With the proposed development, the capacity of Gangavaram Port is expected to increase to 75 million tonnes, positioning it as a major export hub for iron ore for India and the wider region.

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Location

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

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Announcement

25/02/2026

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Signing

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

PARTIES MENTIONED IN SOURCE

A

Adani Ports and Special Economic Zone Limited developer

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

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NMDC Ltd developer

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

V

Vale SA developer

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

high quality Enriched Feb 26, 2026