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NMDC celebrates its 64th Foundation Day

The National Mineral Development Corporation (NMDC), which flourished in the steel industry in 1958, entered its 64th spring. Glorious Journey specializes in this field and is headed by present CMD Sumit Deb towards the best results.

The company has received numerous awards and is recognized nationally and internationally for its outstanding services in steel sector.

“Celebrating the 64th Foundation Day, we NMDCs are committed to a self-sufficient economy with our determination and resilience”. The company announced via Twitter.

About Company

Incorporated in 1958 as a Government of India fully owned public enterprise. NMDC is under the administrative control of the Ministry of Steel, Government of India.

Since inception involved in the exploration of wide range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands etc.

NMDC is India’s single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines viz., Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State) and Donimalai Iron Ore Mines (Karnataka State). NMDC Projects have following accreditations

  • ISO 9001: 2008 – QMS Certification for all its iron ore mines and R&D Centre
  • ISO 14001:2004 – EMS Certification for all its production mines
  • OHSAS 18001:2007 – OHMS Certification for all its production mines

Strong back up of an ISO 9001 certified R&D Centre, which has been declared as the “Centre of Excellence” in the field of mineral processing by the Expert Group of UNIDO.

Consistent profit making and dividend paying company.

Results 2015-16 2016-17 2017-18 2018-19 2019-20
Iron Ore Production (L+F) 28.57 mt 34 mt 35.57 mt 32.36 mt 31.49 mt
Iron Ore Sales (L+F) 28.83 mt 35.6 mt 36.07 mt 32.36 mt 31.51 mt
Turnover (Rs.) 6,456 crore 8,830 crore 11,615 crore 12,153 crore 11,699 crore
Profit before tax (Rs.) 4,505 crore 4,293 crore 6,180 crore 7,199 crore 6,123 crore
No. of Employees 5773 (31.03.16) 5572(31.03.17) 5382(31.03.18) 5887(31.03.19) 5739(31.03.20)

 

 

 

 

 

 

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