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Business

NMDC looks to hit 60 MT iron ore production mark this fiscal: Chairman

Business Standard ·
NMDC looks to hit 60 MT iron ore production mark this fiscal: Chairman

NMDC is working on strategies to achieve the 60 MT iron ore production mark this fiscal to meet growing demand from domestic steelmakers for the key raw material, its Chairman Amitava Mukherjee said.

Aligned with the National Steel Policy 2017, which targets an installed domestic steelmaking capacity of 300 MT by 2030-31, NMDC, India's largest iron ore producer, aims to scale its output to 100 MT during the period.

"Having crossed the 50 MT milestone in FY2026.

NMDC is now aggressively executing a production ramp-up plan to reach 60 MTPA from existing iron ore mines, complemented by NMDC-CMDC Limited (NCL) joint venture assets this fiscal, which would be a rise of around 20 per cent year-on-year," the top company official said in an interaction.

Mukherjee shared that the company has already applied for environmental clearances (ECs) for some deposits with the Union Ministry of Environment, Forest and Climate Change.

On a question related to the 100 MT production goal, Mukherjee sai

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