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NMDC Targets 50 Million Tonnes Iron Ore Production by FY26
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NMDC scripts history: First Indian miner to hit 50 MT iron ore production in FY26
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CNBC TV18
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14-03-2026, 17:29
NMDC scripts history: First Indian miner to hit 50 MT iron ore production in FY26
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NMDC becomes the first mining company in India to produce 50 million tonnes (MT) of iron ore in a single financial year (FY26).
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This achievement supports India's target of expanding steelmaking capacity to 300 MT by 2030.
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CMD Amitava Mukherjee emphasized the strategic priority of stable domestic iron ore supply for steelmaking.
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NMDC will continue to contribute to the 300 MT vision with iron ore from its mines in Karnataka and Chhattisgarh.
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The company's production has seen significant growth, from 10 MT in 1978 and 30 MT in 2015 to 50 MT in FY26.
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