NMDC Limited has executed a Memorandum of Understanding (MoU) with Colorado School of Mines on December 24, 2025, establishing a comprehensive framework for research collaboration in mining and related technologies. The agreement was disclosed under Regulation 30 of SEBI Listing Regulations.

Partnership Framework

The MoU establishes collaboration between NMDC Limited, Hyderabad, and the Board of Trustees of Colorado School of Mines, Golden, Colorado, USA. The partnership encompasses multiple areas of cooperation including joint research, technology development, training, capacity building, and knowledge exchange initiatives.

Collaboration Areas

The agreement covers extensive research collaboration in critical mining sectors. The partnership will focus on mining, mineral processing, metallurgy, and artificial intelligence/machine learning applications in mining operations. Additionally, the framework includes provisions for seminars, workshops, and collaborative projects in related areas.

Agreement Terms

The MoU outlines collaborative research areas, implementation mechanisms, intellectual property sharing arrangements, duration, arbitration procedures, termination clauses, and confidentiality provisions. Notably, no special rights are agreed between the parties, such as rights to appoint directors or restrict capital structure changes. The agreement can be terminated by either party with three months' written notice, and amendments require written mutual consent.

Strategic Significance

This partnership represents NMDC's commitment to advancing mining technology through international academic collaboration. Colorado School of Mines, renowned for its expertise in earth sciences and mining engineering, brings valuable research capabilities to enhance NMDC's technological development initiatives. The collaboration is expected to drive innovation in mining operations and contribute to the advancement of sustainable mining practices.

NMDC Limited , India's largest iron ore producer, has released its provisional production and sales figures for November 2025, showcasing an uptick in both areas. The state-owned mining giant continues to demonstrate strong operational performance, reflecting the ongoing demand for iron ore in the country.

Production Projection

NMDC anticipates producing 5.01 million tonnes (MT) of iron ore in November 2025, marking an 11% growth compared to the 4.51 MT produced in November 2024.

Sales Forecast

Alongside the production increase, NMDC also expects a rise in sales figures. The company forecasts sales of 4.17 MT for November 2025, up from 4 MT in the same month of the previous year, representing a 4% increase.

Comparative Performance

Here's a breakdown of the projected production and sales figures:

Sector-wise Performance

NMDC's operations are primarily concentrated in the Chhattisgarh sector. The detailed breakdown of production and sales figures for this region is as follows:

Cumulative Performance

The company has also provided cumulative figures for the fiscal year 2025-26 up to November:

These figures indicate a strong overall performance for NMDC in the current fiscal year, with significant growth in both production and sales compared to the previous year.

The projected increase in both production and sales suggests a positive outlook for NMDC, potentially indicating strong demand for iron ore in the domestic market. As India continues its infrastructure development and economic growth, the demand for steel, and consequently iron ore, is likely to remain robust.

Investors and market watchers will be keen to see if NMDC can meet these projections and how this performance might impact the company's financial results for the quarter and the fiscal year.

For the latest updates and detailed information, stakeholders are encouraged to visit NMDC's official website, where the company regularly posts its operational and financial data.