NMDC Ltd
India's coal reserves are the fourth largest in the world, In FY22 India's coal production stood at 777.31 MT, a 8.55% YoY.
Incorporated in 1958 as a Government of India fully owned public enterprise, NMDC is under the administrative control of the Ministry of Steel, Government of India. Since inception, it has been involved in the exploration of wide range of minerals including iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands etc. NMDC is India's single largest iron ore producer, producing about 32 MT of iron ore from three fully mechanised mines (Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State) and Donimalai Iron Ore Mines). The company has been categorised by the Department of Public Enterprises as "NAVRATNA" Public Sector Enterprise in 2008.
- 5,382 Employees
- Four operating mines
- Recorded a total income of Rs. 6,656 crore (US$ 896.41 million) in the first quarter of FY22
- Production of iron ore stood at 8.91 million tonnes (MT) in the first quarter of FY22
NMDC Limited: Eco-friendly miner
| Year | Milestone |
|---|---|
| 2022 |
On March 16, 2022, NMDC, inked an MoU with IIT Kharagpur for drone-based mineral prospecting. |
| 2021 |
In September 2021, NMDC collaborated with the Council of Scientific & Industrial Research (CSIR) for research and development projects. In August 2021, NMDC offered technical and financial assistance to Neelachal Ispat Nigam Limited (NINL) to resume mining operations in Odisha. Cumulative production and sales figures until May 2021 stood at 5.91 MT and 6.39 MT, respectively, achieving 45% more production and 63% more sales over the corresponding period in the last year. In 2021, NMDC aims to utilise 97% production capacity to manufacture 35 MT of iron ore. In FY21 (until January 2021), NMDC’s iron ore production stood at 25.66 MT |
| 2020 |
In December 2020, the long pending issue of Donimalai Iron ore mine (ML No.2396) of NMDC Ltd, which was suspended since November 2018, has finally concluded through the endeavor of the Government. Donimalai Iron ore mine, which has total concession area of 597.54 hectare and estimated resource of 149 MT shall increase the annual Iron ore production in the country by 7 MTPA. The operationalization of the mine would contribute a total of around Rs. 1,100 crore to the State exchequer per annum. In August 2020, the Board of Directors of NMDC Limited approved the demerger of its upcoming three million tonne per annum capacity steel plant in Chhattisgarh. NMDC and i-TIC Foundation, IIT Hyderabad, signed an agreement to support start-ups through a collaborative joint incubation program, NMDC Innovation & Incubation Centre (NICE) |
| 2019 |
NMDC received second prize in Rajbhasha Kirti Awards including undertakings in C region NMDC received the “Innovative Stakeholders Interface” award at the SCOPE Corporate Excellence Awards 2019 NMDC bagged the First Prize under the Clean Action Plan |
| 2018 |
NMDC Limited bagged the prestigious S&P Global PLATTS Global Metals Award 2018 in corporate social responsibility category |
| 2018 |
Memorandum of Agreement (MoA) was signed with Geological Survey of India (GSI) for mineral exploration in Madhya Pradesh BY NMDC |
| 2016 |
NMDC has been awarded Ispat Rajbhasha Shield (first prize) amongst PSUs of Ministry of Steel. |
| 2012 |
NMDC has incorporated a Joint Venture Company between NMDC and Jharkhand State Mineral Development Corporation. |
| 2011 |
NMDC signed a contract agreement for turnkey execution of a Sinter Plant. |
| 2008 |
Conferred the 'Navratna' status. |
| 2008 |
Strategic partnership with Spice Metals and Minerals for management of metal and mineral projects outside India. |
| 2008 |
Accredited as the - Centre of Excellence - in the field of mineral processing by UNIDO. |
| 2007 |
Bailadila Iron Ore Project Deposit five, 10 and 11A certified with ISO 9001:2000. |
| 2007 |
Bailadila Iron Ore Project Deposit 14 and 11C certified with ISO 9001:2000. |
| 2002 |
Commenced production of iron ore from Bailadila Deposit No.10/11A. |
| 1998 |
Conferred the Mini Ratna status by Department of Public Enterprise, Government of India. |
| 1989 |
Incorporated our subsidiary – J & K Mineral Development Corporation Limited as a joint venture with J & K Minerals Limited. |
| 1958 |
NMDC was incorporated on November 15 as National Mineral Development Corporation Private Limited. |
Partners
