NMDC Sets Record with 53 MT Iron Ore Production in FY26
Synopsis
India's leading iron ore producer, NMDC, has made history by surpassing 50 MT in annual production for the first time, achieving 53.15 MT in FY26. This remarkable growth reflects the strength of India's mining sector and its pivotal role in the nation's economic development.
Key Takeaways
NMDC achieved a record 53.15 MT iron ore production in FY26.
First Indian company to surpass the 50 MT annual production threshold.
Sales for March 2026 increased by 40% year-on-year.
Strategic plans to enhance production capacity to over 100 MT by 2030.
Significant contribution to India's mineral sector and economic growth.
New Delhi, April 2 (NationPress) In a historic milestone for India’s mining sector, NMDC, the nation’s leading iron ore producer, recorded an impressive production of 53.15 MT of iron ore in FY26. This achievement marks the first time any company in India has exceeded the 50 MT annual production threshold, as reported by the government on Thursday.
During March 2026 alone, NMDC produced 5.35 MT and sold 5.90 MT of iron ore, reflecting remarkable increases of 51 percent in production and 40 percent in sales compared to the previous year, according to an official announcement.
Overall, the total production for the fiscal year grew by 21 percent year-on-year, while sales reached 50.23 MT, marking a 13 percent increase and representing its highest volumes since the company’s inception.
This achievement underscores the robust strength of India’s mineral sector, with NMDC playing a vital role in the country’s iron ore supply, as stated by the Ministry of Steel.
The record production was propelled by outstanding performances at NMDC’s major iron ore mines—Kirandul and Bacheli in Chhattisgarh, along with Donimalai in Karnataka—each recording their best performances to date.
Additionally, NMDC inaugurated its international office in Dubai during FY26, along with the successful operation of its first coal mine in Jharkhand and the commissioning of Deposit 4 at Bailadila in Chhattisgarh.
As India strives towards its ambitious goal of a $5 trillion economy, the demand and consumption of iron ore are anticipated to rise significantly. NMDC is strategically enhancing its capacities to accommodate this increasing demand and support sustainable economic growth.
“With this strong momentum, we have laid a solid foundation for FY27. Our expansion plans, bolstered by optimized resource development initiatives, are paving the way towards our broader vision of fostering a Viksit Bharat,” stated Amitava Mukherjee, CMD of NMDC.
NMDC’s high-grade iron ore remains essential for the operations of some of India’s top steel producers, playing a crucial role in advancing the nation’s infrastructure development, manufacturing growth, and rising steel demand.
The company aims to achieve over 100 MT of iron ore production capacity by 2030 through new mining projects, capacity enhancements, and infrastructure development.
aar/pk
Point of View
It's evident that NMDC's achievement is not just a corporate success but a significant milestone for India's mineral industry, reflecting the country's growing economic prowess. This accomplishment is vital for strengthening India's position in the global market and meeting the increasing demand for iron ore as the nation moves towards its ambitious economic goals.
NationPress
11 Jul 2026
Frequently Asked Questions
What is NMDC's recent production achievement?
NMDC has achieved a historic production of 53.15 MT of iron ore in FY26, becoming the first company in India to surpass the 50 MT mark.
How much iron ore did NMDC sell in March 2026?
In March 2026, NMDC sold 5.90 MT of iron ore.
What are NMDC's future production goals?
NMDC aims to exceed 100 MT of iron ore production capacity by 2030 through new projects and enhancements.
Which mines contributed to NMDC's record production?
The record production was primarily driven by NMDC's Kirandul and Bacheli mines in Chhattisgarh, and Donimalai in Karnataka.
How does NMDC's achievement impact India's economy?
This achievement underscores the strength of India's mineral sector and supports the country's goal of becoming a $5 trillion economy.
