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03 Aug
15:49

NMDC anticipates hitting targets after strong July performance

NMDC’s iron ore output rose 40% on-year to 3.06 million tonnes in July against 2.19mt produced last year. The company’s sales rose 28% on-year to 3.29mt. The company’s Chhattisgarh-based mines recorded 33% on-year growth in production to 2.08mt and sales soared 22% to 2.31mt in July. Karnataka-based mines production rose 56% to 0.98mt and sales grew 46% to 0.98mt, Kallanish notes. The company's Kirandul complex in Chhattisgarh produced 1.23m…
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