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National Mineral Development Corporation

#2253

Rank

$6.58B

Marketcap

IN India

Country

National Mineral Development Corporation
Leadership team

Mr. Sumit Deb (MD & Chairman)

Mr. Amitava Mukherjee (Director of Fin. & Director)

Mr. Somnath Nandi (Director of Technical & Director)

Products/ Services
Mineral, Mining, Mining Technology, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Hyderabad, Andhra Pradesh, India
Established
1958
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
NMDC.NS
Social Media
URL
https://www.nmdc.co.in
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India. It explores for a range of minerals, such as iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc., as well as gold and coal. 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 Donimalai, Kumaraswamy, and Ramandurg in Karnataka; and a diamond mining project located in Panna, Madhya Pradesh. It also produces and sells sponge iron and pellets; and generates and sells wind power. The company also exports its iron ore products 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.
History

NMDC was established in 1958 with the objective of accelerating the mechanised exploitation of minerals to meet the growing needs of industrial development in India. In 1962, the company’s operations were expanded and it began its partnership with the Steel Authority of India (SAIL). Over the years, NMDC has established its dominance in the iron ore market by exploiting its rich iron ore reserves in Chhattisgarh and Karnataka.

Mission
NMDC’s mission is to provide mineral resources to meet the growing needs of the growing Indian economy and to make a positive impact on the quality of life of the people of India.
Vision
NMDC’s vision is to be the leading supplier of quality iron ore products and other minerals for the infrastructure projects of India and become a reliable partner for the prosperity of the people of India.
Key Team

Mr. Dilip Kumar Mohanty (Director of Production & Director)

Mr. V. V. S. Sundaram (Gen. Mang. of Personnel & Admin.)

Mr. A. S. Pardha Saradhi (Chief GM, Compliance Officer, Company Sec. & Exec. Director)

Mr. K. Praveen Kumar (Chief Gen. Mang. of Personnel & Law)

Mr. V. Ajit Kumar (Chief Gen. Mang. of Slurry Pipeline Project)

Mr. M. Jayapal Reddy (Chief Gen. Mang. of Resource Planning)

Mr. K.S.N. Murthy (Chief Gen. Mang. of Estate & Arbitration)

Recognition and Awards
NMDC has been awarded the Prime Minister’s National Award for excellence in Environment Protection, Bharat Ram Memorial Award, National Safety Council’s 10th National Award for Outstanding Achievement in Industrial Safety and Health, Fertilizer Association of India’s Best Corporate Citizen Award, Annual Excellence Award for Best Performing Plant and many more.
References

https://en.wikipedia.org/wiki/National_Mineral_Development_Corporation

https://in.investing.com/equities/nmdc

https://finance.yahoo.com/quote/NMDC.NS/profile?p=NMDC.NS

https://www.crunchbase.com/organization/national-mineral-development-corporation

https://companiesmarketcap.com/

https://www.nmdc.co.in

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National Mineral Development Corporation
Leadership team

Mr. Sumit Deb (MD & Chairman)

Mr. Amitava Mukherjee (Director of Fin. & Director)

Mr. Somnath Nandi (Director of Technical & Director)

Products/ Services
Mineral, Mining, Mining Technology, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Hyderabad, Andhra Pradesh, India
Established
1958
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
NMDC.NS
Social Media
URL
https://www.nmdc.co.in