India, March 13 -- The Government of India has issued a release:
NMDC Limited, India's largest iron ore producer and a Navratna CPSE under the Ministry of Steel, has scripted history by becoming the first mining company in the country to produce 50 million tonnes (MT) of iron ore in a single financial year, a significant milestone that comes days ahead of the close of FY 2025-26. Established in 1958 to develop India's iron ore resources, NMDC produced around 10 MT in 1978. Over the decades, output has expanded fivefold to reach a historic 50 MT in FY 2025-26, reflecting the company's steady transformation into the backbone of India's iron ore supply chain.
NMDC's rise to the 50-million-tonne mark also underscores a sharp acceleration in g...