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NMDC reports 21% rise in iron ore production in Q1FY20

14 Aug 2019 Evaluate

NMDC has reported iron ore production of 8.43 MT in Q1 of 2019-20 as against 6.98 MT in Q1 of 2018-19, registering a growth of 21%. Similarly, iron ore sales increased from 6.78 MT in Q1 of 2018-19 to 8.67 MT in Q1 of 2019-20, witnessing a growth of 28%.

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.

Peers
Company Name CMP
Coal India 411.85
NMDC 74.30
Ashapura Minechem 503.65
Sandur Manganese 183.15
GMDC 491.85
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