NMDC iron ore output grows 44 pc to 15 MT in April-August

By: |
September 01, 2021 6:21 PM

The company's iron ore output was 10.42 MT in the same period last fiscal, NMDC said in a regulatory filing.

In August 2021, the company said, its iron ore production rose to 3.06 MT from 1.62 MT a year ago.In August 2021, the company said, its iron ore production rose to 3.06 MT from 1.62 MT a year ago.

State-owned NMDC on Tuesday said its iron ore production surged over 44 per cent to 15.02 million tonnes (MT) in April-August 2021.

The company’s iron ore output was 10.42 MT in the same period last fiscal, NMDC said in a regulatory filing.

In August 2021, the company said, its iron ore production rose to 3.06 MT from 1.62 MT a year ago.

Its total sales of iron ore during April-August 2021-22 also jumped to 15.67 MT, as against 10.80 MT in the corresponding period last year.

The company sold 2.91 MT iron ore in August, compared to 1.79 MT in the year-ago period.

Hyderabad-headquartered NMDC, under the Ministry of Steel, is the country’s largest iron ore mining company.

It is also involved in the exploration of a wide range of minerals like copper, rock phosphate, limestone, dolomite and gypsum.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Post-pandemic world demands major skilling of workforce: RBI governor Shaktikanta Das
2Former CAG Vinod Rai fails to secure second term at IDFC
3Know your customer: The fast lane to digital adoption