National Mineral Development Corporation (NMDC), India’s largest iron ore producer, reported a record-breaking production of 5.10 million tonnes (MnT) and sales of 4.48 MnT of iron ore in January 2025. This achievement marks the best-ever production performance for the company in any January, a significant 12.33% increase over the corresponding period last year.
The strong start to the year highlights NMDC’s unwavering commitment to meeting rising domestic and global mineral demands. With cumulative production and sales of 35.87 MnT and 36.22 MnT respectively, up to January 2025, NMDC is well on its way to achieving even greater milestones in the fiscal year 2025.
Commenting on the milestone, Amitava Mukherjee, CMD (Additional Charge) of NMDC, expressed pride in the company’s record performance. He stated, “The highest-ever production and dispatch performance in the month of January demonstrate the right momentum towards meeting the targets of FY25.”
NMDC’s performance comes on the heels of the government’s recent budget announcement, which aligns with the company’s growth strategy. Mukherjee noted that the growth-oriented Budget 2025-26, with its focus on public-private partnerships, would provide the necessary framework for NMDC to accelerate its operations. “The emphasis on collaboration and reforms will be crucial in driving domestic growth, supporting India’s vision of an Atmanirbhar Bharat,” he added.
Looking ahead, NMDC is poised for significant expansion, with plans to increase its production capacity to 100 million tonnes (MnT) under its Vision 2030. As India’s largest producer of iron ore, holding a one-sixth share of the domestic market, this expansion will be key in supporting the nation’s industrial aspirations and self-reliance in the coming years.
In addition to its core operations in iron ore, NMDC is also exploring opportunities in critical minerals such as lithium and cobalt. These minerals are pivotal for India’s renewable energy sector and green energy transition, aligning with the country’s goals to reduce its carbon footprint and invest in sustainable energy solutions.
The company recently announced a capital expenditure (CAPEX) plan worth approximately ₹70,000 crores over the next five years. This substantial investment is set to fund new expansion initiatives and infrastructure developments, helping NMDC stay ahead in an increasingly competitive global mining industry.
As NMDC continues its journey toward greater growth, it remains focused on both achieving record production levels and contributing to the broader economic and environmental goals of India. With its continued investments and focus on sustainable growth, NMDC is set to play a key role in the nation’s industrial progress and green energy future.
