NMDC Limited is a public sector enterprise under the Ministry of Steel, primarily engaged in the business of exploring minerals and developing mines to produce raw materials for the industry, it is also expanding its activities towards steel making and other value added products. It has been conferred “Navratna” status by the Government.

Incorporated in 1958, NMDC has been actively contributing to development of the nation for five decades and grown from strength to strength on its journey to nation building.

Single largest producer of Iron Ore in the Country-NMDC produces around 30 million tonnes of iron ore annually which is around 20% of India’s iron ore production.

Only Mechanized Diamond Mine in Asia-NMDC also operates the only mechanized diamond mine in Asia with a capacity to produce one lakh carats per annum from its Panna Diamond Mine, Madhya Pradesh.

Market Capitalization- The present market capitalization of NMDC shares is about Rs.1,00,000 crore which is one of the highest in public sector enterprises category.

EBIDTA - The EBIDTA margin as on 31st March 2011 is 80% which is once again the highest in any sector.

Low Cost Producer of Iron Ore- NMDC is also known in mining industry for its scientific methods of mine planning and mining, which makes it as one of the lowest cost producer of iron ore in the world.

Output per Manshift and Value Addition per Employee - The output per manshift is 27.73 tonnes (iron ore) and value addition per employee (2010-11) is Rs.1.59 crore which is the best in the industry.

Consistent Dividend Paying Company - NMDC for the past 20 years has been paying consistently dividend to its shareholders. NMDC has paid approximately Rs.3,533 crore as dividend to the rGovernment till 2009-10. An interim dividend of Rs.410 crore is already paid and the proposed final dividend to the Government is Rs.767 crore for the year 2010-11. The total payment made to Government of India so far is Rs.3,944 crore and after making the final dividend payment it would be Rs.4,711 crore.

Supporter of Domestic Steel Producers - NMDC has made a policy of allocating almost 90% of its iron ore production for supporting the domestic steel producers.

Zero Waste Mining Company-The slimes and Banded Hematite Jasper (BHJ) and Banded Hematite Quartz (BHQ), low iron content material was earlier treated as waste. Now NMDC has plans to convert them into pellets for utilization by steel manufacturers by setting up state of the art beneficiation / pellet plants.

Disinvestment - NMDC during March 2010 concluded a disinvestment process in a record time of 64 days which falls under “faster than fast track”. The Government of India disinvested about 33.20 crore shares of face value of Re.1/- each which generated around Rs.10,000 crore for the Government.

NMDC’s entry into steel making- NMDC is setting up an integrated steel plant of 3 MTPA at Nagarnar in the State of Chhattisgarh for which the land acquisition has been completed in August 2010. During the month of February 2011, NMDC signed an agreement with MECON for rendering Engineering Consultancy services for etting up of the Integrated Steel Plant, similarly in March 2011, NMDC signed Contract Agreement with consortium comprising Siemens VAI, Austria, SVAI India and NCC Ltd., for turnkey execution of a Sinter Plant Complex and during May 2011 NMDC also signed the contract for setting up the country’s largest blast furnace of 4506 cubic metre for its steel plant with Tata Projects Limited, Danieli Corus, Netherland and Danieli Corus, India.

The demand of Dead Burnt Magnesia (DBM) in India has increased with the rise in production of steel in the country. Added to this, reduction in the export of DBM from China to various countries has resulted in the increase in price of various grades of DBM products. In view of this changed scenario action to set up the Panthal Magnesite Project has been revived. The detailed project report and due diligence report with Capex of Rs.143.0 crore for the Magnesite Project was approved by J&KMDC (A Subsidiary Company of NMDC Limited) Board. The mine capacity is 1.24 lakh tonnes per annum and the proposed DBM Plant capacity would be 30,000 tonnes per annum.