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public sector undertaking under the Ministry of Steel is primarily engaged in the business of exploring minerals and developing mines to produce raw materials. It is also expanding its activities towards steel making and other value added products.
NMDC plans to expand its business through horizontal integration as well in the fields of Coal, Rock Phosphate, Lime Stone, Gold and Diamond. The company has already diversified its activities in the field of renewable energy by setting up Wind mills in Karnataka and is exploring the possibilities in solar energy.
NMDC has recently acquired 50% equity stake in Perth based Australian iron ore, gold and base metals exploration company, Legacy Iron Ore Limited (“Legacyâ€