NDMC Logs Its Best-Ever Annual Production Performance

NDMC Logs Its Best-Ever Annual Production Performance

New Delhi, April 2 (TNA) National Mineral Development Corporation Ltd. (NMDC), Country’s largest Iron Ore producer has reported cumulative production and sales for FY22 stood at 42.15 MT and 40.70 MT respectively, a growth of 23% in production and 22% in sales over the same period last year. This records the best ever annual physical performance for NMDC, powered by a steady growth in FY22.

Cumulative production and sales for Q4 of FY22 stood at 13.84 MT and 12.34 MT respectively, a growth of 12% in production and 12% in sales over the same period last year. This records the best ever quarterly physical performance for NMDC.

NMDC reported iron ore production of 4.98 MT and sale of 4.21 MT for the month of March 2022. With a growth of 9% in production and 3% in sales over CPLY, the mining major achieved the highest production and sales numbers for any March month in company history.

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