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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.