NMDC Achieves Historic Milestone: First Indian Mining Company to Produce 50 Million Tonnes of Iron Ore
Synopsis
In a significant milestone, NMDC has become the first mining company in India to produce 50 million tonnes of iron ore in a single financial year, reflecting its growth and commitment to national priorities.
Key Takeaways
NMDC is the first Indian mining company to produce 50 MT of iron ore in a single year.
Production has surged by nearly two-thirds since 2015.
The company emphasizes responsible mining practices .
It plays a crucial role in India's steel supply chain .
India aims for a steelmaking capacity of 300 million tonnes by 2030 .
New Delhi, March 14 (NationPress) In a groundbreaking achievement, NMDC has become the first mining firm in India to reach 50 million tonnes (MT) of iron ore production within a single financial year, well ahead of the FY 2025–26 deadline.
Founded in 1958 to harness India’s iron ore resources, this Navratna CPSE, operating under the Ministry of Steel, managed to produce about 10 MT back in 1978.
“Over the years, our output has surged fivefold, culminating in this historic milestone of 50 MT for FY 2025–26, which is a testament to our evolution into the cornerstone of India’s iron ore supply chain,” stated an official announcement.
NMDC’s achievement of reaching the 50-million-tonne milestone highlights a remarkable acceleration in growth in recent times.
Since 2015, production has surged by nearly two-thirds, jumping from approximately 30 MT to 50 MT, with about one-fifth of that capacity added in the last four years alone, marking the most rapid expansion phase in the company’s history, as per the statement.
“Achieving 50 million tonnes is a significant milestone that illustrates the strong strides we have made under our NMDC 2.0 initiative. What previously took decades to establish, we have expedited in just a few years through efficient execution, responsible mining practices, and a steadfast commitment to national priorities,” said Amitava Mukherjee, Chairman and Managing Director of NMDC Limited.
As the largest iron ore producer in India, this milestone signifies not just the strength of our operations but also the trust placed in us to support the nation's steel ecosystem, he added.
With highly mechanized operations throughout the mineral-rich states of Chhattisgarh and Karnataka, NMDC plays a pivotal role in securing the country’s iron ore supply.
The company remains focused on operational excellence, technological innovation, and responsible mining practices as it gears up for its next growth phase.
As India strives to enhance its steelmaking capacity to 300 million tonnes by 2030, ensuring a stable and dependable domestic supply of iron ore has emerged as a strategic imperative.
Point of View
NMDC's achievement reflects not only its operational prowess but also its critical role in supporting India's steel industry. This milestone signifies a strategic advancement in the nation's resource management and industrial capability, aligning with India's ambitious growth targets.
NationPress
8 Jul 2026
Frequently Asked Questions
What milestone has NMDC achieved?
NMDC has become the first mining company in India to produce 50 million tonnes of iron ore in a single financial year.
Where are NMDC's operations located?
NMDC operates mainly in the mineral-rich states of Chhattisgarh and Karnataka.
Why is this milestone significant?
This milestone highlights NMDC's growth and its essential role in supporting India's steel ecosystem as the country aims to boost its steelmaking capacity.
