NMDC

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Eco-Friendly Miners

Name - Smruti R. Katwale


College - Dr. Ambedkar Institute of
Management Studies & Research
Course-MBA 1St Year
Section –Nalanda - 49
HISTORY
• Incorporated on 15 November1958 as a Government
of India fully owned public enterprise with the name
NMDC Pvt Ltd.
• During the year 1959-60 the name of the company
was changed from NMDC Pvt Ltd to NMDC Ltd.
• NMDC’s 72.43% stakes is under the administrative
control of the Ministry of Steel, Government of India.
• It is India's largest iron ore producer and exporter
producing more than 35 million tons of iron ore from
3 fully mechanized mines in chhattisgarh & Karnataka
• Headquarter – Hyderabad.
• Shri N. Baijendra Kumar, IAS is CMD of the company.
• In 1966 Company acquired the Panna Diamond
Project.
• 1968 they commenced production of iron ore from
Bailadila Deposit No-14.
• 1989 the company incorporated as J&k Mineral
Development Corporation Ltd as a joint Venture with
J&K Mineral ltd.
• In 1998 the company was conferred with the Mini
Ratna status.
• In 2008 the Company has been categorized as
"NAVRATNA" Public Sector Enterprise by the
Department of Public Enterprises.
• In the year 2008 the company was declared as
the ‘Centre of Excellence’ by the Expert Group of
United Nations Industrial Development
Organization(UNIDO)
SECTORS
1. Operating Mines
• Bailadila Iron Ore Mine, Kirandul Complex, South
Bastar district, Dantewada (C.G.)
• Bailadila Iron Ore Mine, Bacheli Complex, South
Bastar district, Dantewada (C.G.)
• Donimalai Iron Ore Mine, Donimalai, Bellary district,
Karnataka.
• Diamond Mining Project, Majhgawan, Panna (M.P.)
2. Nagarnar Steel Plant
PRODUCTS & SERVICES
Iron ore, copper
Rock phosphate,
limestone, dolomite,
gypsum, bentonite,
magnesite, diamond,
tin, tungsten,
graphite, and
beach sands
SERVICES
1. Mineral Mining
2. Surface Mining
3. Cage Mining
Subsidiaries :
Legacy Iron Ore Ltd.
NMDC-CMDC Ltd.
Karnataka Vijayanagar Steel Ltd.
Jharkand National Mineral Development
NMDC Sarl
J K Mineral Development Corporation Limited.
NMDC power Ltd.
NMDC Steel Ltd and many more
CURRENT MARKET SITUATION
Consistent profit making and dividend paying
company.
RESULTS 2014-15 2015-16 2016-17 2017-18 2018-19
Iron Ore
Production 30.44 mt 28.57 mt 34 mt 35.57 mt 32.36 mt

Iron Ore Sales


30.51 mt 28.83 mt 35.6 mt 36.0 mt 32.36 mt

Turnover (Rs.) 12,356


6,456 crore 8,830 crore 11,615 crore 12,153 crore
crore
Profit before
tax (Rs.) 9,768 crore 4,505 crore 4,293 crore 6,180 crore 7,199 crore

No. of 5490 5773 5572 5382 5887


Employees (31.03.15) (31.03.16) (31.03.17) (31.03.18) (31.03.19)
INNOVATIONS & SPECIAL
ACHIEVEMENTS
1. 2019 -“Innovative Stakeholders Interface” award at the
SCOPE Corporate Excellence Awards 2019 at New Delhi.
2. 2018 - NMDC Limited has bagged the prestigious S&P
Global PLATTS Global Metals Award 2018 in corporate
social responsibility category held on 17.05.2018 at
London.
3. For years 2014, 2015,2016, NMDC is awarded by Most
Efficient Navranta Award.
4. 2016 - NMDC’s Bailadila Iron ore mine-Bacheli Complex
bags prestigious FIMI Golden Jubilee Award for
Excellence.
5. NMDC’s highly mechanized two iron ore mines i.e.
Bailadila Deposit – 10/11A, Bailadila Iron Ore Mine,
Bacheli Complex, Chhattisgarh and Donimalai Iron
Ore Mine, Donimalai, Karnataka and one Diamond
Mining Project, Panna, Madhya Pradesh have
received 5 star rating by Indian Bureau of Mines
(IBM), Ministry of Mines, Government of India.
FUTURE POTENTIAL
• NMDC is planning to undertake mining in Australia,
Legacy Iron Ore (LYC) subsidiaries, a majority owned
NMDC company will acquire majority stakes in
projects in Australia.
• Strategic management plan, 'Vision 2025' is to take
our total iron ore production capacity from 43 MTPA
today to 67 MTPA.
• As we look to the future, we can see positive market
conditions for India, and can also expect growth
agenda to be well absorbed by the subsequent
growth in anticipated demand.

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