New Delhi: State-owned NMDC Limited reported a 23% year-on-year increase in iron ore production to 27.27 million tonnes (MT) during April-September of the ongoing financial year 2026-27, according to a company exchange filing.
The Hyderabad-based mining company had produced 22.20 MT of iron ore during the corresponding six-month period of FY26.
While production recorded strong growth during the first half of FY27, cumulative sales remained broadly steady at 22.23 MT.
NMDC Iron Ore Production Up 23% in H1 FY27
NMDC’s iron ore production increased significantly during the first six months of FY27.
- Production in April-September FY27: 27.27 MT
- Production in April-September FY26: 22.20 MT
- Year-on-year growth: 23%
- Cumulative sales in H1 FY27: 22.23 MT
The increase in production reflects the company’s continued focus on strengthening its mining operations and supporting domestic iron ore availability.
Read also: NMDC Holds 68th AGM, ₹1 Final Dividend and Director Appointments Among Key Resolutions
September Iron Ore Production Rises 8%
NMDC also reported higher iron ore production in September 2026.
Production increased by around 8% to 4.04 MT in September 2026, compared with 3.75 MT in September 2025.
However, sales declined marginally during the month.
- September 2026 production: 4.04 MT
- September 2025 production: 3.75 MT
- September production growth: Around 8%
- September 2026 sales: 3.51 MT
- September 2025 sales: 3.88 MT
Thus, while production increased year-on-year in September, monthly sales were lower than the corresponding period last year.
NMDC Focuses on Becoming a Diversified Mineral Miner
NMDC, which operates under the Ministry of Steel, is India’s largest iron ore mining company. The company supplies iron ore that caters to around 20% of India’s requirement for the key raw material used in steel production.
Alongside its core iron ore business, NMDC has been taking steps to diversify its mineral portfolio as it targets becoming India’s largest mineral mining company.
The company’s diversification plans include entering the thermal coal and coking coal segments.
NMDC to Begin Thermal Coal Production in Q3 FY27
NMDC is expected to commence commercial production of thermal coal during the October-December quarter of FY27.
The company is targeting sales of around 1 MT of thermal coal in FY27.
The move marks an expansion of NMDC’s operations beyond iron ore and is part of its broader strategy to build a diversified mineral portfolio.
Coking Coal Mine Development Planned in FY27
NMDC also plans to begin developing a coking coal mine during FY27.
The company aims to commence production from the mine as early as FY28. Coking coal is a key raw material used in the steel-making process, making the planned expansion strategically relevant to NMDC’s existing mining and steel-sector focus.
About NMDC
NMDC Limited is a state-owned mining company under the Ministry of Steel, Government of India. Headquartered in Hyderabad, the company is India’s largest iron ore producer and is engaged in the exploration and mining of mineral resources. NMDC is also expanding into other mineral segments as part of its strategy to become a diversified mineral mining company.
Read also: NMDC Commissions 2 MTPA Pellet Plant in Chhattisgarh, Boosts ₹5,427-Crore Iron Ore Project
