NMDC posts record 15% rise in iron ore production in April, sales grow 3%

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NMDC posts record 15% rise in iron ore production in April, sales grow 3% - Business Standard

Quick Summary:

NMDC CMD Amitava Mukherjee said, "Our record-breaking April performance, coupled with best-ever despatch figures from our major iron ore mines -- Kirandul, Bacheli, and Donimalai -- with a growth of 12 per cent, 4 per cent and 88 per cent, respectively over CPLY solidifies our leadership position and sets a strong foundation for achieving our ambitious target of becoming 100 MT mining company by 2030".

In a statement on Sunday, NMDC said it produced 4 million tonnes (MnT) iron ore in April, higher from 3.48 MnT in same month last year.NMDC sold 3.63 MnT iron ore last month, up from 3.53 MnT in April 2024.

State-owned NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April.