NMDC has signed a pact with Geological Survey of India (GSI) for mineral exploration in Madhya Pradesh. The Memorandum of Agreement (MoA) has been signed for sharing of aero-geophysical data (Magnetic) for mineral exploration in part of obvious geological potential (OGP Block-2) in Madhya Pradesh. The company has already identified 45 target areas for drilling for diamondiferous kimberlites in Madhya Pradesh.
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.