National Mineral Development Corporation (NMDC), a Navratna Public Sector Enterprise under the Ministry of Steel, Government of India is the single largest producer of iron ore in India. It owns and operates highly mechanized iron ore mines in Chhattisgarh and Karnataka and has its registered office at Hyderabad, Telangana. NMDC is considered to be one of the low-cost producers of iron ore in the world. It also operates the only mechanized diamond mine in India at Panna, Madhya Pradesh.
The Company is producing about over 40 MTPA of iron ore from its major iron producing units i.e. from Bailadila Sector in Chhattisgarh and Donimalai in Bellary-Hospet region in Karnataka. NMDC envisages to have an iron ore production capacity of 100 MNT by FY30.
All of NMDC mining complexes have been rated 5 Star by Indian Bureau of Mines, Ministry of Mines which is a testimony to its scientific and sustainable mining practices.
NMDC has its own R&D Centre at Hyderabad which is recognized as a Centre of Excellence by UNIDO. All the NMDC mines and R&D Centre have ISO & EMS accreditations.
NMDC has a legacy of meeting as well as surpassing the commitments and expectations of its stakeholders. Throughout its existence of over 65 years, NMDC has endeavored to positively uplift the lives of communities around its areas of operations. The sentiment that Social Responsibility is an integral part of the wealth creation process and can enhance business competency, maximizes the value of wealth creation to society and thereby contribution to Nation Building is ingrained in the core philosophy of NMDC.