NMDC aims to utilise 97 per cent of its production capacity to produce 35 million tonnes of iron ore in FY22 and has set a target of producing 100 million tonnes by 2030.
By the targeted year 2030, the government also aims to increase India’s total steelmaking capacity to 300 million tonnes. Iron ore is the main ingredient used for producing the metal besides coking coal.
In FY21, NMDC has targeted to utilize 97 per cent of its production capacity to produce 35 million tonnes of iron ore.