- Business
- The Orissa Minerals Development Company Limited (OMDC) engages in the mining and production of iron ore, manganese ore, and chromite in India. The company offers iron ore fines, iron ore lumps, and calibrated iron ore; manganese ore in various grades including high-carbon, medium-carbon, and low-carbon varieties; and chromite ore used primarily in ferrochrome production and refractory applications. OMDC operates open-cast mines and provides related services such as crushing, screening, and transportation of minerals to steel plants and exporters, serving customers in the steel, ferro-alloys, and refractory industries across domestic and international markets. Founded in 1956 and headquartered in Bhubaneswar, Odisha, the company functions as a subsidiary of Bird Group India Limited and holds mining leases in key regions of Odisha, including Gandhamardan, Joda, Barbil, and Sukinda Valley. In recent developments, OMDC has focused on operational enhancements, including the commissioning of new beneficiation plants at its Gandhamardan Iron Ore Mine to improve ore quality and recovery rates, alongside strategic partnerships with steel majors for long-term mineral supply agreements amid rising domestic steel demand. The company also pursued mine expansions and environmental compliance upgrades in 2024-2025 to sustain production capacities exceeding 7 million tonnes per annum across its iron ore operations.