NMDC has posted a 9.8 per cent rise in iron ore production at 3 million tonnes (MT) in September. The company's iron ore output in September last year was 2.73 MT. Sales of the state-owned company also increased to 3.11 MT in September, over 2.91 MT in the year-ago period.
The company's iron ore production in the April-September period also increased to 19.56 MT, as against 16.18 MT in the corresponding period of the previous fiscal. The sales of NMDC in the first six months of the current fiscal also increased to 20.53 MT, over 16.36 MT in the year-ago period.
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.
