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The Orissa Minerals Development Company Limited (ORISSAMINE)
What ORISSAMINE does

The Orissa Minerals Development Company Limited

What company does?Mining and mineral exploration
Established1918
Entity typeGovernment
HeadquartersIndia
SegmentB2B
The Orissa Minerals Development Company Limited is a share market listed company in the Metals & Mining industry . It got listed on NSE on 29-SEP-2010 under the trading symbol ORISSAMINE. On BSE it is listed under trading symbol ORISSAMINE. The company operates in Mining , Minerals and Natural Resources categories.

Company overview

The Orissa Minerals Development Company Limited (OMDC) is a public sector company in India engaged in the mining and production of iron ore, manganese ore, and sponge iron. The company operates through its three divisions: Mining Division, Iron & Manganese Ore Division, and Sponge Iron Division.

OMDC's Mining Division focuses on exploration activities for minerals such as coal, iron ore, limestone, dolomite, chromite, granite etc., whereas the Iron & Manganese Ore Division engages in mining of iron and manganese ores. In addition to this, OMDC also has a Sponge Iron Division which produces high-quality sponge iron using indigenous technology.

The company stands out from its competitors due to its extensive experience in the industry dating back to 1918 when it was incorporated. It has been able to maintain a strong market position by consistently delivering quality products while adhering to stringent environmental standards.

Furthermore, OMDC collaborates with various government agencies and private entities for infrastructure development projects related to mineral exploration and extraction. This allows them access to resources that are crucial for their operations while contributing towards national development initiatives.

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