Latest Navratna CPSE News & Updates

NMDC Becomes First Indian Mining Company to Produce 50 Million Tonnes of Iron Ore in a Financial Year

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New Delhi, March 14 (IANS) India’s largest iron ore producer NMDC has become the first mining company in the country to produce 50 million tonnes (MT) of iron ore in a single financial year, ahead of the close of FY 2025–26.Established in 1958 to develop India’s iron ore resources, the Navratna CPSE, under the Ministry of Steel, produced around 10 MT in 1978. “Over the decades, output has expanded fivefold to reach a historic 50 MT in FY 2025–26, reflecting the company’s steady trans…