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{{short description|Indian public sector mineral mining company}}
{{Use dmy dates|date=December 2018}}{{Use Indian English|date=October 2018}}
{{More citations needed|date=June 2013}}
{{Infobox company
| name = NMDC Limited
| logo = National Mineral Development Corporation Logo.png
| logo_size = 250px
| former_name = National Mineral Development Corporation
| type = [[Public sector undertakings in India|Government of India Enterprise]]
| traded_as = {{Unbulleted list|{{NSE|NMDC}}|{{BSE|526371}}}}
| industry = [[Mining]]
| foundation = 1958
| location = [[Hyderabad]], [[Telangana]]
| key_people = Sumit Deb <br>{{small|([[Chairman]] & [[Managing Director|MD]])}} <ref>{{Cite web|title=Sumit Deb appointed as CMD of NMDC Limited|url=https://psuwatch.com/sumit-deb-appointed-as-cmd-of-nmdc-limited|access-date=2020-07-23|website=psuwatch.com|language=en-US}}</ref>
| products = [[Iron ore]], [[copper]], rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands
| revenue = {{decrease}}{{INRConvert|11699.22|c}} (2020) <ref name="Balance Sheet 2020">[https://www.nmdc.co.in/Financial%20Information/Handlers/DownloadFile.ashx?FinancialYear=2019-20&Quadrant=Q4 "Balance Sheet 31.03.2020"].</ref>
| operating_income = {{decrease}}{{INRConvert|6133.36|c}} (2020)<ref name="Balance Sheet 2020"/>
| profit = {{decrease}}{{INRConvert|3610.12|c}} (2020)<ref name="Balance Sheet 2020"/>
| assets = {{increase}}{{INRConvert|31143.94|c}} (2020)<ref name="Balance Sheet 2020"/>
| equity = {{increase}}{{INRConvert|27533.95|c}} (2020)<ref name="Balance Sheet 2020"/>
| owner = [[Government of India]] (68.3%) (March 2021)<ref>{{Cite web|title=Latest Shareholding Pattern - NMDC Ltd.|url=https://trendlyne.com/equity/share-holding/949/NMDC/latest/nmdc-ltd/|access-date=7 July 2021|website=Trendlyne}}</ref>
| num_employees = 5,887 (March 2019) <ref>https://www.nmdc.co.in/Financial%20Information/Handlers/DownloadAnnualReport.ashx?FinancialYear=2018-19</ref>
| parent = [[Ministry of Steel]] , [[Government of India]]
| homepage = [http://www.nmdc.co.in www.nmdc.co.in]
}}

'''NMDC Limited''', (formerly '''National Mineral Development Corporation'''), is a [[Public sector undertakings in India|government owned mineral producer]]. It is under the administrative control of [[Ministry of Steel]], [[Government of India]].<ref>{{Cite web|title=Latest Shareholding Pattern - NMDC Ltd.|url=https://trendlyne.com/equity/share-holding/949/NMDC/latest/nmdc-ltd/|access-date=2020-08-07|website=trendlyne.com}}</ref>

It is involved in the exploration of [[iron ore]], [[copper]], [[rock phosphate]], [[limestone]], [[Dolomite (rock)|dolomite]], [[gypsum]], [[bentonite]], [[magnesite]], [[diamond]], [[tin]], [[tungsten]], [[graphite]], 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, India|Panna]] in [[Madhya Pradesh]].

==Operating mines==
* Bailadila Iron Ore Mine, Kirandul Complex, South Bastar district, Dantewada (C.G.)Steel
* Bailadila Iron Ore Mine, Bacheli Complex, South Bastar district, Dantewada (C.G.)
* Donimalai Iron Ore Mine, Donimalai, [[Bellary district, Karnataka]] (at December 2019 suspended for over a year due to a royalty dispute)<ref>{{cite news |last1=Bhattacharya |first1=Prasenjit |title=India's NMDC gets nod to expand iron ore mine |url=https://www.argusmedia.com/en/news/2037427-indias-nmdc-gets-nod-to-expand-iron-ore-mine |access-date=31 March 2020 |agency=Argus Media |date=19 December 2019}}</ref>
* Diamond Mining Project, Majhgawan, Panna (M.P.)

NMDC Ltd. is diversified into other raw materials for the steel industry such as low silica limestone. Production of [[Magnesite#Uses|dead burnt magnesite]] and further value addition is under study through its subsidiary J K Mineral Development Corporation Limited.

NMDC Ltd. has taken over a silica sand mining and [[beneficiation]] project from Uttar Pradesh State Mineral Development Corporation Ltd. The plant is designed to produce beneficiated high purity silica sand to a capacity of 300,000 tonnes per year as the raw material for production of float/sheet glass.

A memorandum of understanding has been signed between NMDC, [[Indian Rare Earths Limited]], (IRE) and Andhra Pradesh Mineral Development Corporation to establish a joint venture for the development of Bheemunipatnam Beach Sand. The project envisages mining of beach sands, setting up of mineral separation plant for [[ilmenite]] concentrate and a downstream value addition plant for conversion of ilmenite into [[rutile#Synthetic rutile|synthetic rutile]]/TiO2 slag/TiO2 pigment with [[pig iron]] as by-product.

==Nagarnar Steel Plant==
NMDC set up a 3 MTPA capacity greenfield [[Nagarnar Steel Plant]] based on HiSmelt technology, 16 km from [[Jagdalpur]] in [[Chhattisgarh]] state, with an estimated outlay of Rs 20000 crore.<ref>http://www.projectsinfo.in/News.aspx?nId=7dnGsGVKFCkeGmlJyFhljw=={{Dead link|date=April 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>

A pure-play miner, NMDC had in 2009–10 conceived the Nagarnar steel plant with the intention of moving up the value chain and diversifying its portfolio. The idea was also to hedge itself against the vagaries of iron ore prices.<ref>{{cite web| url=http://www.financialexpress.com/economy/nmdc-steel-unit-divestment-govt-firm-despite-chhatisgarh-cm-warning/645395/| title=NMDC aims September start for Nagarnar steel mill| website=FE| date=28 March 2017}}</ref><ref>{{cite news |last1=Mohanty |first1=Meera |title=Steel ministry wants to put off sale of NMDC's Chhattisgarh steel plant |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/steel-ministry-wants-to-put-off-sale-of-nmdcs-chhattisgarh-steel-plant/articleshow/71381533.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst |access-date=31 March 2020 |work=The Economic Times |date=1 October 2019}}</ref>

The plant site is around 16 km from [[Jagdalpur]] and 6 km from the Orissa–Chattishgarh border. The nearest railway station is Amaguda (around 2 km). The site is located on [[National Highway (India)|National Highway]] [[National Highway 30 (India)|NH 30]]. The nearby airports are [[Jagdalpur]], [[Raipur]] & [[Vishakhapatnam]] and the nearest seaport is Visakhapatnam located at a distance of approx 325 km. The nearest river is Indravati, located at a distance of 3 km.<ref>{{Cite web |url=http://www.nmdc.co.in/right_pplant/Brochure%20circulated%20in%20EOI%20Conference-31.05.11.pdf |title=Archived copy |access-date=21 April 2018 |archive-url=https://web.archive.org/web/20120502185439/http://www.nmdc.co.in/right_pplant/Brochure%20circulated%20in%20EOI%20Conference-31.05.11.pdf |archive-date=2 May 2012 |url-status=dead |df=dmy-all }}</ref>

== Listings and shareholding ==
The equity shares of NMDC are listed on the [[Bombay Stock Exchange]] and the [[National Stock Exchange of India]].

As of February 2020, the Government of India held a 69.65% equity in NMDC.<ref>{{cite news |title=Govt of India cuts stake in NMDC by 2.63% |url=https://www.business-standard.com/article/news-cm/govt-of-india-cuts-stake-in-nmdc-by-2-63-120021100984_1.html |access-date=1 April 2020 |work=Business Standard|location=New Delhi |date=11 February 2020}}</ref> 225,339 individual shareholders hold approximately 3.79% of its shares. The balance is held by insurance companies (14.31%), foreign institutional investors (5.78%), [[mutual funds]] (4.42%), and banks (1.96%). [[Life Insurance Corporation of India]] is the largest non-promoter shareholder in the company with a 12.89% shareholding.<ref>{{cite web |title=Shareholding pattern as on 07-02-2020 |url=https://www.nmdc.co.in/Docs/ShareholdingPatterns/SHP7220.pdf |publisher=NMDC Limited |access-date=1 April 2020 |location=Hyderabad |date=12 February 2020}}</ref>

== International ==
[[File:National Mineral Development Corporation 2017 stamp of India.jpg|thumb|upright=1.4|A 2017 stamp dedicated to the 60th anniversary of the National Mineral Development Corporation]]
In Australia, Legacy Iron Ore, a majority-owned NMDC company, holds majority stakes in gold and iron ore projects in Western Australia.<ref>{{cite web|url=https://www.nmdc.co.in/CMD/Default.aspx|title=NMDC Limited – Our CMD|website=www.nmdc.co.in|access-date=7 October 2017}}</ref>

NMDC Limited was awarded the Corporate Social Responsibility Award Global Metals Award 2018 in the Corporate Social Responsibility category in London, the first time since inception that an Indian company received the award.<ref>{{cite web |title=Congratulations to the winners of the 2018 Platts Global Metals Awards! |url=https://gma.platts.com/Winners/Winners2018 |website=S&P Global Platts |access-date=31 March 2020 |location=London}}</ref>

==References==
<references />

==External links==
* [http://www.nmdc.co.in NMDC website]

{{Public Sector Undertakings in India}}
{{Nifty 200 companies}}

{{authority control}}

[[Category:Metal companies of India]]
[[Category:Mining companies of India]]
[[Category:Government-owned companies of India]]
[[Category:Industries in Hyderabad, India]]
[[Category:Non-renewable resource companies established in 1958]]
[[Category:Indian companies established in 1958]]
[[Category:1958 establishments in Andhra Pradesh]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

National Mineral Development Corporation - Revision history

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