National Mineral Development Corporation

NMDC Limited
FormerlyNational Mineral Development Corporation
Company typePublic
IndustryMining
Founded1958; 66 years ago (1958)
HeadquartersHyderabad, Telangana
Key people
Shri Amitava Mukherjee, Chairman-Cum-Managing Director
ProductsIron ore, copper,diamond, graphite, coal and beach sands
RevenueIncrease 15,721 crore (US$1.9 billion) (2021) [1]
Increase 8,895 crore (US$1.1 billion) (2021)[1]
Increase 6,247 crore (US$750 million) (2021)[1]
Total assetsIncrease 36,929 crore (US$4.4 billion) (2021)[1]
Total equityIncrease 29,884 crore (US$3.6 billion) (2021)[1]
OwnerGovernment of India (60.79%)[2]
Number of employees
5,887 (March 2019) [3]
Websitewww.nmdc.co.in

NMDC Limited, formerly National Mineral Development Corporation, is an Indian public sector undertaking involved in the exploration of iron ore, rock, gypsum, magnesite, diamond, tin, tungsten, graphite, coal etc. It is India's largest iron ore producer and exporter, producing more than 45 million tonnes of iron ore from three mechanized mines in Chhattisgarh and Karnataka. It also operates the only mechanized diamond mine in the country at Panna in Madhya Pradesh.[4]

  1. ^ a b c d e "Balance Sheet 31.03.2020".
  2. ^ "NMDC soars ex-demerger". indiainfoline.com. Retrieved 15 June 2023.
  3. ^ "NMDC Limited". Archived from the original on 5 February 2022. Retrieved 16 July 2020.
  4. ^ Law, Abhishek (26 September 2024). "NMDC Ltd eyes lithium block acquisition in Australia & Africa". BusinessLine. Retrieved 24 October 2024.