NMDC has made valuable and substantial contribution to the national efforts in the mineral sector during the last four decades and has been recently been accorded the status of schedule-A Public Sector Company .The Company has been categorized by the Department of Public Enterprises as "Mini Ratna-I" Public Sector enterprise. In the past, NMDC had developed many mines like Kiriburu, Meghataburu iron ore mines in Bihar, Khetri Copper deposit in Rajasthan, Kudremukh Iron Ore Mine in Karnataka, Phosphate deposit in Mussorie, some of which were later handed over to other companies in public sector and others became independent companies.

NMDC is presently producing about 15.75 million tons of iron ore from its Bailadila sector mines and 5.02 million tons from Donimalai sector mine and about 80,000 carats of diamonds from Panna project. NMDC is also diversifying into other raw materials for steel industry like Low Silica Lime Stone. Production of Dead Burnt Magnesite and further value addition is under study through it's subsidiary J K Mineral Development Corporation Limited.

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