NMDC iron ore output rises.
NMDC Ltd reported a record production of 3.51 million tonnes and sales of 3.43 million tonnes in April, marking an 11.42% and 9.93% increase respectively compared to the same period last year.
The Ministry of Steel noted that the company continues its exceptional performance, having surpassed 40 million tonnes consecutively in FY22 and FY23. NMDC’s iron ore production plays a significant role in India’s economic growth, as the country is among the largest global producers and consumers of the commodity.