NMDC Achieves Record Iron Ore Production of 53 Million Tonnes in FY26
NMDC registers highest ever production output of 53 MT in FY26
News 18
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The National Mineral Development Corporation (NMDC) has reported a record iron ore production of 53 million tonnes for the financial year 2025-26, marking a 51% increase in March alone. This achievement makes NMDC the first company in India's mining history to surpass the 50 million tonnes annual production milestone.
- 01NMDC's iron ore production reached 53 million tonnes in FY26, a historic high.
- 02Production increased by 51% in March compared to the previous year.
- 03Sales of iron ore also rose by 40% year-on-year.
- 04The company's growth is attributed to its major mines in Chhattisgarh and Karnataka.
- 05NMDC plans to expand its production capacity to over 100 million tonnes by 2030.
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The National Mineral Development Corporation (NMDC), owned by the Ministry of Steel, has achieved a historic milestone by producing 53 million tonnes of iron ore in the financial year 2025-26. This represents a 51% increase in production for March alone, and NMDC is the first company in India's mining history to exceed the 50 million tonnes mark in annual production. The total production output for the year was 53.15 million tonnes, with sales reaching 50.23 million tonnes, reflecting a 13% increase. The growth has been driven by the performance of NMDC's major iron ore mines located in Kirandul and Bacheli in Chhattisgarh, as well as Donimalai in Karnataka. The Steel Ministry highlighted that FY26 was a transformative year for NMDC, marked by the inauguration of an international office in Dubai and the operationalization of the first coal mine in Jharkhand. Looking ahead, NMDC aims to enhance its production capacity to over 100 million tonnes by 2030, aligning with the national vision of Viksit Bharat 2047.
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The record production by NMDC is expected to bolster India's steel supply, supporting the growing infrastructure demands and potentially stabilizing prices in the steel market.
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