NMDC's iron ore output swells 20% YoY in Apr-Dec 2025

National Mineral Development Corporation Limited (NMDC), India's largest state-owned iron ore miner, churned out a total of 36.89 million tonnes of iron ore during April-December 2025, growing by a marked 19.9% from the same period of the previous year, according to the miner's latest monthly production and sales release.

Over these first nine months of the current fiscal year 2025-26 (FY26) ending on March 31 2026, the miner's accumulative iron ore sales also jumped by 9.8% on year to reach 34.92 million tonnes, the data showed.

In last December alone, the miner's iron ore output went up by 7.8% on month and 14.6% on year to reach 5.4 million tonnes, touching an over-two-year high for a single month.

Similarly, iron ore sales in the same month climbed to 4.64 million tonnes, up by 11.3% as compared with 4.17 million tonnes in November 2025, and the volume also marked a significant increase of 18.7% from 3.91 million tonnes in December 2024.

NMDC's iron ore

NMDC is on a path towards its long-term goal of producing 100 million tonnes of iron ore annually by 2030, aiming for 55 million tonnes in the current FY26, as reported. However, the latest production data meant that with just three months left in the current fiscal year, NMDC remains about 20 million tonnes short of its annual production target, Mysteel Global calculated.

Written by Irene Zhuang, zhuangailing@mysteel.com

Edited by Alyssa Ren, rentingting@mysteel.com

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