Orissa Minerals Development Company Ltd (OMDC) is an iron ore mining company operating in Odisha, India, and a step-down subsidiary of Rashtriya Ispat Nigam Ltd (RINL) through Eastern Investments Limited, which holds 50.01% of OMDC. The company operates the Bagiaburu iron ore mine, which resumed commercial production in December 2023, and holds mining leases for two additional mines - Bhadrasahi and Belkundi - currently pending regulatory clearances. In FY26, OMDC reported total revenue of Rs 94.1 Cr, with iron ore accounting for 94.1% of segment revenue.[1][2][3]
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