Iron ore: NMDC's prodn crosses 41 MT for second consecutive fiscal
New Delhi/IBNS: India’s largest iron ore producer, NMDC crosses 41 Million Tonne (MT) production of iron ore for the second fiscal in a row, the Ministry of Steel said on Tuesday.
Producing 14.29 MT iron ore in the fourth quarter and 5.6 M in the March of Financial Year 2022-23, the state-run miner logged its best ever Q4 and March month production in company history.
In FY2022-23, NMDC produced 41.22 million tonnes and sold 38.25 million tonnes of iron ore despite the highest-ever rainfall of 622 cm in the Bailadila region since NMDC’s inception.
In the fourth quarter of this fiscal, the company reported 14.29 MT production which is the highest for any quarter since inception.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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