NMDC Becomes First Indian Miner to Produce 50 Million Tonnes Iron Ore in FY

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NMDC Becomes First Indian Miner to Produce 50 Million Tonnes Iron Ore in FY

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NMDC Becomes First Indian Miner to Produce 50 Million Tonnes Iron Ore in FY

Navratna NMDC becomes the first mining company in India to produce 50 million tonnes of iron ore in a single financial year. The development relates to NMDC, a CPSE under the Ministry of Steel, and is relevant due to the FY production milestone.

NMDC (National Mineral Development Corporation) :

Dimension Key Details
Status Navratna CPSE (Central Public Sector Enterprise)
Incorporation Incorporated in 1958
Nodal ministry Ministry of Steel
Headquarters Hyderabad
Position in iron ore production India’s largest producer of iron ore
Minerals explored (besides iron ore) Comprises exploration of various minerals including copper and limestone
Diamond production Only organised producer of diamond in India from its Majhgawan mine at Panna, Madhya Pradesh
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NMDC is classified under which of the following categories of Central Public Sector Enterprises?