NMDC has set a production target of 35 million tonnes and sales target of 38 MT for 2015-16 and a three-fold increase in production by 2021-2022.
The state-owned iron ore mining major, which is in the process of diversifying into couple of new areas, including steel production, coal mining and manufacture of potash for fertilisers, through joint venture entities, is planning a major production boost targeting volumes of 65-75 MT by 2018-19 and 100 MT by 2021-22.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.
