In a bid to cater to the steel industry’s growing appetite for iron ore, NMDC has decided to raise production capacity to 67 million tonnes per annum (mtpa) by 2021-22. In this regards, the company is looking to expand its footprint in India and abroad. The strategy focuses on growth largely through brownfield expansion of existing mines and improving evacuation along with it.
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.
| Company Name | CMP |
|---|---|
| Coal India | 434.20 |
| NMDC | 88.62 |
| GMDC | 717.00 |
| Sandur Manganese | 217.90 |
| MOIL | 324.50 |
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