NMDC becomes India's first mining company to produce 50 million tonnes of iron ore in a year
NMDC Limited became the first mining company in India to produce 50 million tonnes of iron ore in a single financial year, the Steel Ministry announced on 13 March 2026.
Summary
NMDC Limited, India's largest iron ore producer and a Navratna public sector enterprise under the Ministry of Steel, became the first mining company in the country to produce 50 million tonnes (MT) of iron ore in a single financial year, the ministry announced on 13 March 2026, days before the end of 2025â26. NMDC was set up in 1958; it produced about 10 MT in 1978 and about 30 MT in 2015, and nearly one-fifth of its current capacity was added in the last four years. Chairman and Managing Director Amitava Mukherjee credited the 'NMDC 2.0' programme. Its mechanised mines are in Chhattisgarh and Karnataka, and the release linked the milestone to India's target of 300 MT of steelmaking capacity by 2030.
Key facts
- Announced
- 13 March 2026
- Milestone
- 50 MT iron ore in FY 2025â26 â first in India
- Company
- NMDC Ltd, Navratna CPSE, Ministry of Steel; set up 1958
- Growth
- ~10 MT (1978) → ~30 MT (2015) → 50 MT
- CMD
- Amitava Mukherjee
- Mines
- Chhattisgarh and Karnataka
- National target
- 300 MT steel capacity by 2030
Practice MCQs 3 questions
Which company became India's first mining company to produce 50 million tonnes of iron ore in a single financial year (announced 13 March 2026)?
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Correct answer: B â NMDC Limited
NMDC Limited, a Navratna CPSE under the Ministry of Steel, crossed 50 MT in FY 2025â26.
NMDC's mechanised iron ore mines, mentioned in the 13 March 2026 release, are located in which two States?
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Correct answer: C â Chhattisgarh and Karnataka
The release says NMDC has highly mechanised operations in the mineral-rich regions of Chhattisgarh and Karnataka.
Consider the following statements about NMDC Limited: 1. It was established in 1958 to develop India's iron ore resources. 2. It is a Maharatna company under the Ministry of Mines. Which of the above is/are correct?
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Correct answer: A â 1 only
Statement 1 is correct. Statement 2 is wrong: NMDC is a Navratna CPSE under the Ministry of Steel.