Home / Business and Economy / NMDC Shatters Record: First to Mine 50 Million Tonnes of Iron Ore
NMDC Shatters Record: First to Mine 50 Million Tonnes of Iron Ore
14 Mar
Summary
- NMDC produced 50 million tonnes of iron ore in one financial year.
- This production milestone supports India's goal of 300 MT steel capacity by 2030.
- NMDC's iron ore production has significantly increased since its establishment.
NMDC has achieved a groundbreaking milestone, becoming the first mining company in India to produce 50 million tonnes (MT) of iron ore within a single financial year. This remarkable feat was accomplished ahead of the close of FY 2025-26.
This production surge is pivotal for India's industrial aspirations, particularly its strategic goal to expand steelmaking capacity to 300 MT by 2030. NMDC's consistent supply of this essential raw material from its mines in Karnataka and Chhattisgarh is crucial for achieving this vision.
Established in 1958, NMDC has demonstrated substantial growth in its operational capacity. From an initial output of around 10 MT in 1978 and 30 MT in 2015, the company's production has nearly doubled to reach the current 50 MT mark.
