THEBUSINESSBYTES
BUREAU
NEW
DELHI, APRIL 2, 2026
NMDC Limited has
created history by recording its highest-ever annual iron ore production of
over 53 million tonnes (MT) in FY 2025-26, becoming the first mining company in
India to cross the 50 MT production benchmark. The landmark achievement
reflects the growing strength of India’s mineral sector and reinforces NMDC’s
pivotal role in powering the country’s steel industry and infrastructure
expansion.
The company
registered an impressive performance in March 2026, producing 5.35 MT and selling
5.90 MT of iron ore, reflecting a remarkable year-on-year growth of 51 percent
in production and 40 percent in sales compared to the corresponding period last
year. For the full financial year, total production stood at 53.15 MT, marking
a robust 21 percent growth, while total sales reached 50.23 MT, registering a
13 percent increase and the highest volumes achieved since inception. The
milestone performance was driven by exceptional output from NMDC’s flagship
iron ore mines at Kirandul and Bacheli in Chhattisgarh, and Donimalai in
Karnataka, each delivering record-breaking productivity.
FY26 has also marked
a transformative phase for NMDC with significant strategic developments
including the inauguration of its international office in Dubai, operationalisation
of its first coal mine in Jharkhand, and commissioning of Deposit 4 at
Bailadila in Chhattisgarh. These initiatives have strengthened the company’s
diversification strategy and enhanced its production capabilities, enabling
NMDC to enter FY27 with strong operational momentum and a confident growth
outlook.
Commenting on the
achievement, Chairman and Managing Director Amitava Mukherjee described the 50
MT milestone as a moment of pride not only for NMDC but for India’s mining
sector as a whole. He highlighted that rising steel demand driven by rapid
infrastructure development has positioned NMDC as a stronger, future-ready
organisation. With new mining assets and expansion initiatives underway, the
company is progressing with renewed confidence towards supporting the vision of
Viksit Bharat through sustained resource development.
NMDC’s high-grade iron ore continues to support the operations of leading steel producers across the country, playing a crucial role in enabling infrastructure development, industrial growth, and rising steel consumption. As India advances towards its ambition of becoming a $5 trillion economy, iron ore demand is expected to rise significantly, and NMDC is strategically expanding its capacity to ensure steady raw material supply.
Building on this historic performance, NMDC is accelerating its long-term expansion roadmap with an ambitious target of achieving over 100 MT iron ore production capacity by 2030 through new mining projects, capacity enhancements, and infrastructure development. Closely aligned with the national vision of Viksit Bharat 2047, the company is positioning itself as a key enabler of India’s sustainable economic growth while ensuring resource security for the nation’s industrial future.
