# NMDC targets 60 MT iron ore this fiscal year

> India's largest iron ore producer is ramping up production to meet domestic steel demand and diversify into coal.
- Title: NMDC targets 60 MT iron ore this fiscal year | Shortify
- Summary: India's largest iron ore producer is ramping up production to meet domestic steel demand and diversify into coal. NMDC is scaling iron ore output by 20% this…
- Keywords: nmdc, iron ore production, 60 mt target, amitava mukherjee, india, steel demand, thermal coal, coking coal, mining, national steel policy 2017, chhattisgarh, karnataka
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/nmdc-looks-to-hit-60-mt-iron-ore-production-mark-this-fiscal-chairman/articleshow/134363905.cms
- Author: PTI
- Published: 2026-09-20T05:17:00+00:00
- Read time: 1 min
- Topics: nmdc, iron ore production, 60 mt target, amitava mukherjee, india, steel demand, thermal coal, coking coal, mining, national steel policy 2017, chhattisgarh, karnataka
## NMDC targets 60 MT this fiscal
India's largest iron ore producer aims to hit 60 million tonnes this year, up 20% from last fiscal, to feed growing demand from domestic steelmakers.

> We are on track, and will definitely achieve it
## Aligned with 2030 steel goals
The push supports India's National Steel Policy 2017, which targets 300 MT of domestic steelmaking capacity by 2030-31. NMDC plans to reach 100 MT production by then.
## Building mine infrastructure now
NMDC is constructing mine-related infrastructure and has invited bids for belt conveying systems, crushers, and breakers. Environmental clearances are being sought from the Ministry of Environment.
## Revenue surges 33% in FY26
NMDC reported total revenues of Rs 31,554 crore in FY26, up 33% from Rs 23,668 crore in FY25, as it supplies 20% of India's iron ore needs.
## Entering thermal coal this year
NMDC will begin commercial thermal coal production in October-December and aims to sell 1 MT within FY27. It will also start developing a coking coal mine to produce by FY28.
## 20% revenue from non-iron ore by 2030
NMDC aims to become India's largest mineral mining company by earning at least 20% of revenues from minerals other than iron ore by 2030.
## Key takeaway

NMDC is scaling iron ore output by 20% this year and entering thermal and coking coal production to become India's largest mineral mining company.