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NMDC sets production target of 35 million tonnes by 2015-16

30 Mar 2015 Evaluate

NMDC has set a production target of 35 million tonnes and sales target of 38 MT for 2015-16 and a three-fold increase in production by 2021-2022.

The state-owned iron ore mining major, which is in the process of diversifying into couple of new areas, including steel production, coal mining and manufacture of potash for fertilisers, through joint venture entities, is planning a major production boost targeting volumes of 65-75 MT by 2018-19 and 100 MT by 2021-22.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

 

NMDC Share Price

89.78 2.60 (2.98%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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