NMDC Achieves Record 53.15 MT Iron Ore Production in FY26
Analysis based on 9 articles · First reported Apr 01, 2026 · Last updated Apr 03, 2026
The record iron ore production by NMDC Limited is a positive signal for the Indian mining and steel sectors, indicating robust growth and increased supply of a critical raw material. This achievement is expected to support India's infrastructure development and overall economic expansion, potentially boosting investor confidence in related industries.
NMDC Limited, India's largest iron ore producer, achieved a historic milestone in FY26 by producing 53.15 million tonnes of iron ore, becoming the first company in India's mining history to surpass the 50 MT annual production mark. This represents a 21% year-on-year growth in production and a 13% increase in sales, reaching 50.23 MT. The record output was driven by strong performance from its major mines in Kirandul, Bacheli (India===Chhattisgarh), and Donimalai (India===Karnataka). In FY26, NMDC Limited also expanded its operations by inaugurating an international office in United Arab Emirates===Dubai, operationalizing its first coal mine in India===Jharkhand, and commissioning Deposit 4 at Bailadila in India===Chhattisgarh. CMD Amitava Mukherjee highlighted the company's strategic vision to achieve over 100 MT of iron ore production capacity by 2030, aligning with India's goal of becoming a $5 trillion economy and the Viksit Bharat 2047 initiative.
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