Mining Major NMDC Registers A Growth Of 18.14% In Iron Ore Production

Mining Major NMDC Registers A Growth Of 18.14% In Iron Ore Production

New Delhi, February 2 (TNA) The largest iron ore producer of India, National Mineral Development Corporation Ltd. (NMDC), under Ministry of Steel produced 4.56 MT and sold 4.24 MT of iron ore in the month of January, 2022.

The mining major registered a growth of 18.14% in production and 13.4% in sales over CPLY and delivered the highest ever iron ore production and sales in any January month since inception. The sales achieved during the month of January 2022 is the highest ever in any month since inception of mines.

Cumulative production and sales figures for the first ten months of FY22, up to January 2022, stood at 32.88 MT and 32.60 MT respectively. These figures registered the best ever 10 months physical performance of NMDC. The company achieved a growth of 28.14% in production and 25.34% in sales over the same period last year.

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