| Metals & Mining Industry | Materials Sector | Mr. Vasudha Chandra Suratkal CEO | MSE Exchange | INE725E01024 ISIN |
| IN Country | 236 Employees | 7 Sep 2017 Last Dividend | 29 Oct 2012 Last Split | - IPO Date |
The Orissa Minerals Development Company Limited, operational since 1918, plays a crucial role in the mining and marketing of iron ore and manganese ore within India. With its headquarters in Bhubaneswar, India, this esteemed entity has carved a niche in the realm of mineral resource extraction and processing. Acting as a pivotal subsidiary of Eastern Investments Limited, it continues to uphold its legacy of excellence and sustainability in the mining sector, contributing significantly to the country's industrial and economic landscape.
- The company specializes in the extraction and marketing of iron ore, a critical component in steel manufacturing. By harnessing rich deposits, it ensures the steady supply of this essential mineral to various industries, bolstering the nation's infrastructure and development projects.
- In addition to iron, the company engages in the mining and sale of manganese ore, which is indispensable in the manufacture of steel and other alloys. This activity aids in diversifying the company’s product range and meeting the comprehensive needs of its clientele.
- The Orissa Minerals Development Company Limited extends its expertise to the production and distribution of sponge iron. This product serves as a primary feedstock in the electric arc furnace and induction furnace routes of steel production, thereby supporting the steel manufacturing sector's growth and sustainability.