NMDC's iron ore production goes up by 10% in Sep 2023 Representative Image
News Updates

NMDC's iron ore production goes up by 10% in Sep 2023

NMDC Limited on Tuesday posted a 9.8 percent rise in iron ore production at 3 million tonnes (MT) in September

PTI

New Delhi: Navrtana Steel Mining PSU NMDC Limited on Tuesday posted a 9.8 percent rise in iron ore production at 3 million tonnes (MT) in September 2023.

The company's iron ore output in September last year was 2.73 MT, NMDC said in a regulatory filing.

The production and sales figures are provisional.

Sales of the state-owned company also increased to 3.11 MT in September, over 2.91 MT in the year-ago period.

The company's iron ore production in the April-September period also increased to 19.56 MT, as against 16.18 MT in the corresponding period of the previous fiscal.

The sales of NMDC in the first six months of the current fiscal also increased to 20.53 MT, over 16.36 MT in the year-ago period.

NMDC is the country's largest producer of iron ore.

Since inception, the corporation under the administrative control of the Ministry of Steel, has been involved in the exploration of a wide range of minerals including copper, rock phosphate, limestone, magnesite, diamond, tungsten and beach sands amongst others in some of the most remote corners of the country.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

HSL signs MoU with Pentagon Rugged Systems to develop indigenous anti-drone and long-range communication systems for naval platforms

RVNL secures Southern Railway contract for traction system upgradation in Tamil Nadu

Indian Oil's Niranjan Bhalerao going to be next Director (Finance) of GRSE

Air India pays compensation to 2/3rds of June 12 crash victims

Tata Steel receives Rs 1,902 crore demand notice over 'shortfall' in mineral dispatch from Odisha block