NMDC (National Mineral Development Corporation) is indeed a government-owned company. Here are some key details about NMDC:
Overview
1. *Ownership*: NMDC is a public sector undertaking (PSU) owned by the Government of India.
2. *Founded*: NMDC was incorporated in 1958.
3. *Headquarters*: The company is headquartered in Hyderabad, Telangana.
Business Operations
1. *Mining*: NMDC is involved in the exploration and mining of various minerals, including iron ore, copper, rock phosphate, and limestone.
2. *Production*: The company operates several mines across India, with a significant presence in the states of Chhattisgarh, Karnataka, and Madhya Pradesh.
Products and Services
1. *Iron Ore*: NMDC is one of the largest iron ore producers in India, with a significant market share.
2. *Copper*: The company also produces copper concentrate, which is used in the manufacture of copper products.
3. *Other Minerals*: NMDC also produces other minerals, such as rock phosphate, limestone, and dolomite.
Awards and Recognition
1. *Navratna Status*: NMDC has been conferred the Navratna status by the Government of India, recognizing its outstanding performance and contribution to the country's economy.
2. *Other Awards*: The company has also received several other awards and recognition for its excellence in mining, safety, and environmental management.