NMDC is a state-controlled mineral producer of the Government of India. It is owned by the Government of India and is under administrative control of the Ministry of Steel.
It is involved in the exploration of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite etc. It is India's largest iron ore producer and exporter producing about 30 million tons of iron ore from 3 fully mechanised mines in Chhattisgarh and Karnataka. It also operates the only mechanised diamond mine in the country at Panna in Madhya Pradesh.
The demand for steel will continue to grow in the years to come and this in turn would call for increased demand for iron ore. NMDC is gearing itself to meet the expected increase in demand by enhancing production capabilities of existing mines and opening up new mines - Deposit -11B in Bailadila sector and Kumaraswamy in Donimalai sector. The production capability would increase to around 50 million tonnes per year in coming years.
Market capitalization (20-Oct-2020)
Closing stock price (20-Oct-2020)
NMDC has 9.57k Twitter Followers. The number of followers has increased 3.3% month over month and increased 8.9% quarter over quarter
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When was NMDC founded?
NMDC was founded in 1958.
Who are NMDC key executives?
NMDC's key executives are Rasika Chaube.
How many employees does NMDC have?
NMDC has 5,887 employees.
Who are NMDC competitors?
Competitors of NMDC include Firestone Diamonds, Sirius Minerals and Coil.
Where are NMDC offices?
NMDC has an office in Hyderabad.
How many offices does NMDC have?
NMDC has 1 office.
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