NMDC Limited

NMDC Limited Latest News

NMDC Limited has become the first mining company in India to produce 50 million tonnes (MT) of iron ore in a single financial year.

About NMDC Limited

• NMDC Limited (formerly National Mineral Development Corporation) is a Central Public Sector Enterprise (CPSE).
• Incorporated in 1958, it is under the administrative control of the Ministry of Steel, Government of India.
• Since inception, it has been involved in the exploration of a wide range of minerals, including iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc. 
• It is India’s largest iron ore producer and exporter, producing more than 45 million tonnes of iron ore from three mechanized mines in Chhattisgarh and Karnataka. 
• It also operates the only mechanized diamond mine in the country at Panna in Madhya Pradesh.
• The company has been categorised by the Department of Public Enterprises as a “NAVRATNA” Public Sector Enterprise in 2008.
• It has its registered office in Hyderabad, Telangana. 

Source: DDN

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