NMDC Ltd - Company Profile
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Business Description
NMDC Ltd (NMDC) is a mineral-producing company that carries out the exploration of various minerals such as copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, gold, tin, tungsten, graphite, and beach sands, and iron ore.
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R&D Overview
NMDC’s Research and development (R&D) focus on providing solutions in terms of technology upgrades for achieving continual improvements in its processes and operations. The company also operates an R&D center in Hyderabad, Telangana. It focuses on product and technology development related to ores and minerals through continuous improvement in process performance. In FY2023, the company spent INR302.8 million on R&D activities, which stood at 0.2% of the company’s revenue.
Business Segments
Overview
Operates through three mechanised iron ore mines, which includes Bailadila Iron Ore Mine in Kirandul Complex, Donimalai Iron Ore mine and Bailadiala Iron Ore Mine in Bacheli Complex. Bailadila Iron Ore Mine in Kirandul Complex consists of a unique down-the-hill conveyor system passing through a tunnel for transporting iron ore from the crushing plant to processing plant with a total capacity of 5.5 million tonnes (Mt) ROM ore per year. Also has a 475 km rail link to Visakhapatnam. Bailadiala Iron Ore Mine in Bacheli Complex includes highly mechanised wet screening plant and facilities for reclaiming, stacking and loading of lump ore into railway wagons with an annual capacity of 6 Mt ROM ore and a 471 km rail link to Vizag. Donimalai Iron Ore mine’s exploration operations in various regions of Karnataka such as Bababudan, Donimalai, Kudremukh, Kumaraswamy and Ramandurg with a total capacity of 4 Mt ROM ore per year. Ore from this mine is exported to Japan and South Korea. Also has a 532 km rail link to Chennai and 370 km rail link to Goa.
Performance
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Overview
Carries out the exploration and production of pellets, diamond, gold, coal and other minerals along with the production and sale of sponge iron and generation and sale of wind power. Conducts coal exploration in Nagpur, Maharashtra. Operates gold deposits in Tanzania and coal deposits in Mozambique in partnership with two other public sector enterprises under the Ministry of Steel. Also operates Diamond Mining Project in Panna (Madhya Pradesh) with a total production capacity of 84,000 carats per annum.
Performance
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Performance
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Geographical Segments
Performance
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Target Markets
Japan, South Korea, Africa and Australia.
Performance
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