Bhubaneswar: Odisha Mining Corporation (OMC), one of the largest mining companies in India, breaking its record from the previous year, has produced 29.7 million tonnes (MT) of iron ore in the last financial year (2022-23), a 17 percent year-on-year growth over the last FY’s (2021-22) 25.31 million tonnes.
In the last FY, OMC recorded total ore production of 33.76 million tonnes, with 29.68 MT iron ore, 3 MT bauxite and 1.08 MT of chrome ore, registering 14.9 percent total growth compared to the previous FY 2021-22. Similarly, OMC’s sales of total ores stood at 28.6 million tonnes, with a 3.1 percent year-on-year growth over FY 2021-22. In the last fiscal (FY 2022-23), the iron ores sale was 23.8 million tonnes whereas sales of bauxite and chrome ores were 3.61 and 1.16 million tonnes respectively. In 2022-23, OMC’s 80,328 meter of drilling surpassed its’ previous highest drilling meterage achieved in FY 22.
OMC presently has 18 operating mines in the state. The major minerals mined by the company are chrome, iron and bauxite ore which cater to the requirement of mineral-based industries such as steel, sponge iron, pig iron, aluminium, ferro-manganese and ferro-chrome.
The Daitari and Kodingamali mines of the company have received the prestigious IBM 5-star rating in the last financial year for fostering sustainable mining practices that lay emphasis on scientific and systematic mining, community welfare programmes, progressive mine planning and adoption of international standards.
PNN