Mining major NMDC produced 3.06 million tonnes (MT) of iron ore and registered sales of 2.91 MT in August, an increase of 89% and 63% respectively, from a year earlier.
It was the best August-production performance, the company said in a release on Wednesday. Iron ore production at 15.02 MT and sales of 15.67 MT up to August this fiscal are 44% and 45% higher respectively.
CMD Sumit Deb said the performance in the first five months of the current fiscal was ‘very encouraging’. “This also puts us in a strong position to pursue our plans for this fiscal with greater confidence,” he said, appreciating the efforts of employee for remaining focussed in achieving the targets for FY22.
