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NMDC posts 74% jump in iron ore output in April 2021

03 May 2021 Evaluate

NMDC has posted a 74 per cent jump in its iron ore output at 3.13 million tonne (MT) in April 2021. The company had produced 1.80 MT iron ore in April 2020. During the said month, NMDC has recorded a growth in its sales as well. In April 2021, its sales was at 3.09 MT, higher from 1.38 MT in same month last year.

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 389.45
NMDC 67.21
Ashapura Minechem 409.00
Sandur Manganese 162.00
GMDC 412.20
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