NMDC Hits 50 Million Tonnes of Iron Ore in FY26 in First for an Indian Miner

Overview

• NMDC reported producing 50 million tonnes of iron ore in FY 2025–26 ahead of the fiscal close, the first time any Indian miner has reached that level in a year.
• Production has climbed from about 30 MT in 2015 to 50 MT, with nearly one-fifth of current capacity added over the last four years.
• Chairman and managing director Amitava Mukherjee called the milestone proof of rapid progress under “NMDC 2.0,” citing sharper execution and responsible mining.
• The state-run company, a Navratna CPSE under the Ministry of Steel, operates highly mechanised mines in Chhattisgarh and Karnataka that underpin domestic ore supply.
• NMDC frames the scale-up as support for India’s 300 MT steel capacity target by 2030 and says it will keep prioritizing technology upgrades and operational excellence.