Published on: November 18, 2021

NATIONAL MINERAL DEVELOPMENT CORPORATION

NATIONAL MINERAL DEVELOPMENT CORPORATION

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http://hillaryaugustine.com/hear-from-hillary/ National Mineral Development Corporation (NMDC), a public enterprise under Ministry of Steel celebrated its 64th Formation Day

About

  • India’s largest exporter & producer of iron ore
  • Produces about 30 million tonnes of iron ore from its Chhattisgarh & Karnataka mines
  • Maintains the nation’s sole diamond mine at Patna in MP, with an annual output of one lakh carats
  • Established in 1958
  • Head office – Hyderbad
  • Main objectives of NMDC
    • Meeting the rising demands of the domestic and foreign markets by increasing its mineral processing operations
    • To meet international value-added, cost-effective and per capita income requirements
    • Rising iron ore output to 50 MTPA by 2018-19 & 67 MTPA by 2021-22
    • To set up the Nagarnar Steel Plant.