![cover image](https://wikiwandv2-19431.kxcdn.com/_next/image?url=https://upload.wikimedia.org/wikipedia/commons/thumb/4/43/NMDC_New_Logo.jpg/640px-NMDC_New_Logo.jpg&w=640&q=50)
National Mineral Development Corporation
India's Largest Iron Ore Producer / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about National Mineral Development Corporation?
Summarize this article for a 10 year old
| 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) [1]
| operating_income =
₹8,895 crore (US$1.1 billion) (2021)[1]
| profit =
₹6,247 crore (US$750 million) (2021)[1]
| assets =
₹36,929 crore (US$4.4 billion) (2021)[1]
| equity =
₹29,884 crore (US$3.6 billion) (2021)[1]
| owner = Government of India (60.79%)[2]
| num_employees = 5,887 (March 2019) [3]
| parent =
| homepage = www.nmdc.co.in
}}
This article needs additional citations for verification. (June 2013) |
![]() | |
Formerly | National Mineral Development Corporation |
---|---|
Company type | Public |
Industry | Mining |
Founded | 1958; 66 years ago (1958) |
Headquarters | Hyderabad, Telangana |
Website | psuwatch.com |
</ref>
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.