NMDC LTD.
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NMDC LTD

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NMDC Limited (National Mineral Development Corporation) is a leading Indian public sector enterprise under the Ministry of Steel, Government of India. Established in 1958, NMDC is India's largest producer of iron ore, with operations spanning mining, mineral exploration, and value-added production.

🏢 Company Overview
Headquarters: Hyderabad, Telangana

Chairman & Managing Director: Amitava Mukherjee

Ownership: Government of India holds approximately 60.79% stake

Employees: Approximately 5,887 (as of March 2019)

🛠️ Core Operations
Iron Ore Mining: NMDC operates highly mechanized iron ore mines in Chhattisgarh (Bailadila) and Karnataka (Donimalai), producing over 45 million tonnes annually.

Diamond Mining: Operates India's only mechanized diamond mine at Panna, Madhya Pradesh, with a capacity of 84,000 carats per year.

Other Minerals: Engaged in the exploration and extraction of copper, rock phosphate, limestone, dolomite, gypsum, bentonite, and beach sands.

🌍 Global Presence & Diversification
International Ventures: Through its subsidiary, Legacy Iron Ore Limited, NMDC holds exploration tenements in Western Australia for iron ore, gold, tungsten, and base metals.

Strategic Investments: Holds a 26% stake in International Coal Ventures Pvt. Ltd. (ICVL), which owns coking coal deposits in Mozambique.

🏗️ Nagarnar Steel Plant
NMDC established a 3 million tonnes per annum (MTPA) integrated steel plant at Nagarnar, Chhattisgarh, to diversify into steel production. In 2022, the steel business was demerged to form NMDC Steel Limited, which was listed on Indian stock exchanges in February 2023.

📈 Financial Highlights
Stock Listings: Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) under the ticker symbol 'NMDC'.

Shareholding Pattern (as of February 2020):

Government of India: 69.65%

Life Insurance Corporation of India: 13.699%

Other Institutional Investors: Approximately 24%

🏆 Awards & Recognition
SCOPE Eminence Award 2019-20 for CSR Excellence

Most Sustainable & Innovative Manufacturing Practices at World HRD Congress & Awards 2024

CEO of the Year Award at the Business Leader of Year 2024

Best PSU for CSR in Mining and Minerals at the Global CSR Excellence and Leadership Awards 2024

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