New Delhi, June 15 -- India's largest iron ore producer, National Mineral Development Corporation (NMDC) Ltd, is accelerating efforts to diversify its business, with a target of generating at least a fifth of its revenue from non-iron ore minerals and a tenth from overseas assets by 2030 as it looks to reduce its overwhelming dependence on its core commodity.

"Today iron ore is 99.9% of our revenues. Going forward we would expect iron ore to contribute 70-80% of our revenues, we would like at least 20% to come from minerals other than iron ore and at least 10% to come from beyond the shores of India," Amitava Mukherjee, chairman and managing director, told Mint.

The overseas push comes at a time when India's mining landscape is evolving...