NMDC Ltd is India's largest iron ore mining company and mineral producer. It was established in 1958 and is headquartered in Hyderabad. NMDC operates iron ore mines in Chhattisgarh and Karnataka and a diamond mining project in Madhya Pradesh. It produces over 30 million tons of iron ore annually. NMDC has received several awards for its social responsibility efforts and operational performance. It aims to increase its annual iron ore production capacity to 67 million tons by 2025 through expansion of existing mines and potential acquisitions in Australia.
NMDC Ltd is India's largest iron ore mining company and mineral producer. It was established in 1958 and is headquartered in Hyderabad. NMDC operates iron ore mines in Chhattisgarh and Karnataka and a diamond mining project in Madhya Pradesh. It produces over 30 million tons of iron ore annually. NMDC has received several awards for its social responsibility efforts and operational performance. It aims to increase its annual iron ore production capacity to 67 million tons by 2025 through expansion of existing mines and potential acquisitions in Australia.
NMDC Ltd is India's largest iron ore mining company and mineral producer. It was established in 1958 and is headquartered in Hyderabad. NMDC operates iron ore mines in Chhattisgarh and Karnataka and a diamond mining project in Madhya Pradesh. It produces over 30 million tons of iron ore annually. NMDC has received several awards for its social responsibility efforts and operational performance. It aims to increase its annual iron ore production capacity to 67 million tons by 2025 through expansion of existing mines and potential acquisitions in Australia.
NMDC Ltd is India's largest iron ore mining company and mineral producer. It was established in 1958 and is headquartered in Hyderabad. NMDC operates iron ore mines in Chhattisgarh and Karnataka and a diamond mining project in Madhya Pradesh. It produces over 30 million tons of iron ore annually. NMDC has received several awards for its social responsibility efforts and operational performance. It aims to increase its annual iron ore production capacity to 67 million tons by 2025 through expansion of existing mines and potential acquisitions in Australia.
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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
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.
(Globalization and the Environment) McNeill, John Robert_Hornborg, Alf_Martínez Alier, Juan - Rethinking Environmental History_ World-system History and Global Environmental Change-AltaMira Press (200