In the news:
NMDC's Nagarnar steel plant hits milestone with 2 million tonnes of hot metal production - Now, NMDC deploys high-end drones for mineral exploration - NMDC slapped with 1,620cr fine - NMDC sets up new R&D centre in Hyd - NMDC posts modest 2% rise in PAT despite record 45MT output - Coal India, NMDC, ONGC Videsh to actively scout for critical mineral assets abroad: Government - NMDC clocks record 45MT iron ore output in FY24 - NMDC exploring lithium assets in Africa and Australia, source says - NMDC iron ore output, sales whizz past 40 million tonnes in April-Feb period - NMDC iron ore output rises 15% in Q3, net profit soars 68%
NMDC
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ShareKey facts
- city: Hyderabad
- country: India
- sector: Materials
- industry: Metals & Mining
- CEO: V. V. S. Sundaram
Classified as: organization
Summary
NMDC is a company. It is located in Hyderabad, India. The company is part of the Materials sector, specifically in the Metals & Mining industry.
Business
NMDC is one of the companies in India, companies in Metals & Mining, companies in Materials and 3,466,499 companies in our database.
- Assets: 5.7B $
- Debt: 441.1M $
- Employees:
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- Free cash flow: 362.9M $
- Market cap: 4.5B $
- Profits: 1.2B $
- Revenues: 3.3B $
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Talking Points:
- NMDC Limited
- NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India. The company also explores for a range of minerals, such as copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc., as well as coal and gold ores. In addition, it produces and sells sponge iron; and generates and sells wind power. The company primarily holds interests in the Bailadila iron ore mines located in Kirandul Complex and Bacheli Complex, Chattisgarh; Donimalai iron ore mines located in various regions, including Kudremukh, Donimalai, Bababudan, Kumaraswamy, and Ramandurg in Karnataka; and a diamond mining project located in Panna, Madhya Pradesh. It also exports its iron ore to Japan and South Korea. The company was formerly known as National Mineral Development Corporation Limited. NMDC Limited was incorporated in 1958 and is headquartered in Hyderabad, India.
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