National Mineral Development Corporation
Indian public sector mining company / From Wikipedia, the free encyclopedia
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NMDC Limited, formerly National Mineral Development Corporation, is an Indian public sector undertaking involved in the exploration of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, coal etc. It is India's largest iron ore producer and exporter, producing more than 35 million tonnes of iron ore from three mechanized mines in Chhattisgarh and Karnataka. It also operates the only mechanized diamond mine in the country at Panna in Madhya Pradesh.
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Quick Facts Formerly, Company type ...
Formerly | National Mineral Development Corporation |
---|---|
Company type | Public |
Industry | Mining |
Founded | 1958; 66 years ago (1958) |
Headquarters | Hyderabad, Telangana |
Key people | Sumit Deb (Chairman & MD) [1] |
Products | Iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, coal and beach sands |
Revenue | ₹15,721 crore (US$1.9 billion) (2021) [2] |
₹8,895 crore (US$1.1 billion) (2021)[2] | |
₹6,247 crore (US$750 million) (2021)[2] | |
Total assets | ₹36,929 crore (US$4.4 billion) (2021)[2] |
Total equity | ₹29,884 crore (US$3.6 billion) (2021)[2] |
Owner | Government of India (60.79%)[3] |
Number of employees | 5,887 (March 2019) [4] |
Website | www.nmdc.co.in |
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