NMDC Becomes First Indian Iron Ore Miner to Cross 50 MT Production Milestone in FY26
New Delhi: State-owned mining major NMDC Ltd. has delivered its strongest-ever annual performance in FY 2025-26, setting new records in iron ore production, sales, and overall operational performance.
According to information released by the Ministry of Steel, NMDC produced 53.16 million tonnes (MT) of iron ore during the financial year, making it the first iron ore mining company in India to surpass the landmark 50 MT production milestone.
The company also recorded iron ore sales of 50.28 MT during FY26, reflecting robust demand and strong operational execution across its mining assets.
The achievement marks a significant milestone not only for NMDC but also for India's mining sector, underscoring the company's pivotal role in supporting the country's steel industry and infrastructure growth.
As a Central Public Sector Enterprise (CPSE) under the Ministry of Steel, NMDC remains India's largest iron ore producer and a key supplier of raw materials to domestic steel manufacturers.
The record-breaking performance comes amid continued efforts by the company to enhance mining efficiency, expand production capacity, and contribute to India's long-term industrial development goals.
Key Highlights
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NMDC delivered its best-ever annual performance in FY 2025-26.
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Iron ore production reached a record 53.16 million tonnes.
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Iron ore sales stood at 50.28 million tonnes.
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NMDC became the first iron ore mining company in India to cross the 50 MT production milestone.
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Achievement reinforces the company's leadership position in India's mining sector.
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Performance supports growing demand from the domestic steel industry.
Significance for the Steel Sector
The milestone is expected to strengthen raw material availability for India's expanding steel industry, which is targeting substantial capacity growth over the coming years. Higher domestic iron ore production also supports the government's vision of enhancing self-reliance and accelerating infrastructure-led economic development.