Bhubaneswar, Aug. 20 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/recent_photo_1755680526.webp
The Orissa Minerals Development Company Ltd (OMDC) is an asset-heavy miner operating in Odisha's Barbil-Keonjhar iron-ore belt that is moving from a long dormancy toward a staged operational restart.
For investors looking for an asset-backed PSU leveraged to India's steel cycle, OMDC's visible approvals pipeline, strategic parentage and improving governance make for a positively asymmetric risk-reward profile.
OMDC owns six iron-ore and manganese leases in one of India's highest-quality ferrous belts. Management has already restarted production at Bagiaburu in December 2023 and is advancing Belkundi and Bhadrasahi through statu...