Odisha Mining Corporation Achieves Record Mineral Production of 44.82 Million Tonnes in FY26

Original: Odisha Mining Corporation FY26 mineral production hits record 44.82 MT

Business Standard•Apr 4, 20263 min

In a Nutshell

Odisha Mining Corporation (OMC) reported a record mineral production of 44.82 million tonnes in the financial year 2025-26, with revenues reaching approximately ₹25,300 crore (around $3.06 billion USD). The surge was driven by a significant increase in iron ore output, reflecting OMC's enhanced operational efficiencies and commitment to sustainable mining practices.

Key Points

01OMC achieved a record mineral production of 44.82 MT in FY26.
02Iron ore output reached an all-time high of 40.02 MT, a 12.06% increase YoY.
03Revenue for FY26 was approximately ₹25,300 crore (around $3.06 billion USD).
04OMC is focusing on sustainable mining practices to minimize environmental impact.
05The corporation has partnered with IIT Dhanbad for innovation in mining technology.

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Full Summary

In financial year 2025-26, Odisha Mining Corporation (OMC) reached a historic milestone with 44.82 million tonnes (MT) of mineral production and revenues of approximately ₹25,300 crore (around $3.06 billion USD). This performance was primarily driven by a significant increase in iron ore production, which hit 40.02 MT, reflecting a 12.06% year-on-year growth. Chrome ore and bauxite production also saw robust increases, with chrome ore rising by 25.19% to 1.69 MT. Total mineral dispatches reached 42.5 MT, with iron ore leading sales at 38.26 MT. OMC attributed its success to improved operational efficiencies and technology-driven systems that optimize extraction and safety standards. The corporation is also committed to sustainable mining practices, including dust suppression, afforestation, and water conservation initiatives. Additionally, OMC continues to support local communities through various Corporate Social Responsibility (CSR) programs focusing on healthcare, education, and infrastructure. Recently, OMC partnered with the Indian Institute of Technology (Indian School of Mines) Dhanbad to advance research and innovation in sustainable mining practices.

Key Figures

44.82 MT

Record mineral production in FY26

₹25,300 crore

Total revenue for FY26

40.02 MT

Iron ore production in FY26

12.06%

Year-on-year growth in iron ore output

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Why It Matters

OMC's record production and revenue growth can lead to increased job opportunities and economic development in Odisha, particularly in mining-affected regions.

Who is affected

Local communities, workers in the mining sector, and stakeholders in Odisha's economy.

What to know

Local residents should engage with OMC's CSR programs to benefit from healthcare, education, and livelihood initiatives.

FAQ

OMC's total revenue in FY26 was approximately ₹25,300 crore (around $3.06 billion USD).

OMC's sustainability initiatives include dust suppression systems, afforestation drives, water conservation efforts, and IT-enabled monitoring systems.

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