NMDC Becomes First Indian Mining Company to Produce 50 Million Tonnes of Iron Ore in a Single Financial Year
Historic Production Milestone Achieved in FY 2025-26
New Delhi, March 14: State-owned mining major NMDC has become the first mining company in India to produce 50 million tonnes (MT) of iron ore in a single financial year, achieving the milestone ahead of the close of FY 2025-26.The landmark production level marks a significant achievement for the Navratna Central Public Sector Enterprise operating under the Ministry of Steel and highlights its growing role in supporting the country’s steel industry.
From 10 MT to 50 MT: Decades of Production Growth
Established in 1958 to develop India's iron ore resources, NMDC has steadily expanded its production capacity over the decades.The company produced around 10 MT of iron ore in 1978. Over time, production has grown fivefold, reaching a record 50 MT in FY 2025-26. According to an official statement, this growth reflects the company’s transformation into a key pillar of India’s iron ore supply chain.
Rapid Expansion in the Last Decade
The statement also highlighted that NMDC’s growth has accelerated significantly in recent years.Since 2015, iron ore production has increased from approximately 30 MT to 50 MT, representing a rise of nearly two thirds. Notably, nearly one fifth of the company’s current capacity has been added in the last four years alone, marking the fastest expansion phase in NMDC’s history.
Management Highlights Strategic Progress
Commenting on the achievement, Amitava Mukherjee, Chairman and Managing Director of NMDC Limited, said reaching the 50 million tonne mark reflects the progress made under the company’s NMDC 2.0 strategy.He noted that what once took decades to build has been accelerated in recent years through stronger execution, responsible mining practices, and a clear focus on national priorities.
Mukherjee also stated that as the country’s largest iron ore producer, NMDC carries a significant responsibility to support India’s steel ecosystem, and the milestone reflects the trust placed in the company to meet that demand.
Key Role in India’s Iron Ore Supply
NMDC operates highly mechanised mining operations across mineral rich regions in Chhattisgarh and Karnataka. These operations play a crucial role in ensuring stable iron ore supplies for the domestic steel industry.The company stated that it will continue focusing on operational efficiency, technological advancement, and responsible mining practices as it prepares for the next phase of growth.
Supporting India’s Steel Expansion Plans
The achievement comes as India works towards expanding its steelmaking capacity to 300 million tonnes by 2030.Ensuring a stable and reliable domestic supply of iron ore is considered a strategic requirement for achieving this target, placing NMDC at the center of the country’s long term steel sector expansion plans.
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