NMDC (National Mineral Development Corporation) Limited is a state-controlled mineral producer of the Government of India. It is owned by the Government of India and is under administrative control of the Ministry of Steel.

Iron ore mining major NMDC Ltd has registered a growth of 20 per cent in production and 24 per cent in sales of iron ore during 2016-17 over the previous financial year.

NMDC produced 34.03 million tonnes and sold 35.62 million tonnes of iron ore during 2016-17 as against production of 28.58 million tonnes and sales of 28.84 million tonnes in the corresponding period last year.

Company profile:

Type State-owned enterprise

Public (BSE: 526371, NSE: NMDC)

Industry Mining

Founded 1958

Headquarters Hyderabad, India

Key people Shri N. Baijendra Kumar, IAS

Products Iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite,
magnesite, diamond, tin, tungsten, graphite, and beach sands

Revenue US$ 2.075 billion (2011–12)

Number of employees 5,924 (2011-12)