New Delhi: NMDC has achieved a historic milestone by producing over 53 Million Tonnes (MT) of iron ore in the financial year 2025-26, becoming the first company in India to cross the 50 MT annual production mark.
The company reported total production of 53.15 MT and sales of 50.23 MT during FY25-26, registering growth of 21% and 13% respectively over the previous year. Officials said the performance marks the highest output since the company’s inception.
In March 2026 alone, NMDC produced 5.35 MT and sold 5.90 MT of iron ore, recording growth of 51% and 40% respectively compared to the same period last year, according to an official statement.
The company said the record output was driven by strong performance at key mining complexes, including Kirandul and Bacheli in Chhattisgarh and Donimalai in Karnataka, which achieved their best-ever production levels.
The company also expanded its operations during the year. It opened an international office in Dubai, operationalised its first coal mine in Jharkhand, and commissioned Deposit 4 at Bailadila in Chhattisgarh to strengthen production capacity.
Chairman and Managing Director Amitava Mukherjee said crossing the 50 MT mark is a significant milestone for both the company and the mining sector. He noted that rising steel demand driven by infrastructure growth positions NMDC to play a key role in meeting future requirements.
Officials said NMDC’s high-grade iron ore continues to support major steel producers and contributes to infrastructure development and manufacturing growth in the country.
The company has set a long-term target of achieving over 100 MT of iron ore production capacity by 2030 through expansion projects, capacity enhancement, and infrastructure development.
Officials added that NMDC aims to align its growth plans with the national vision of Viksit Bharat while ensuring raw material security and supporting sustained economic growth.
