India's largest iron ore miner NMDC expects output to touch 30 million tonne in 2011-12 from a likely 24 million tonne this fiscal year as bottlenecks clear.
NMDC has managed to clear inventory which had accumulated in mines where production was hampered by attacks from Maoist rebels, allowing output to increase. Besides, strong demand from India's steel and construction sectors encouraged higher production.
NMDC has mines in several areas of India where Maoist rebels have called strikes and attacked rail tracks which affect transportation of iron ore and lead to output halts. NMDC expected to export about 2.5 million tonne of ore this year to Japan and South Korea, and was negotiating with these buyers for renewing contracts from April 1.crackcrack
