NMDC has registered a 15% rise in its iron ore production to 12.22 million tonne (MT) in October-December 2023 (Q3FY24). The company had produced 10.66 MT iron ore in the third quarter of the preceding financial year. The sales volumes also rose 19% to 11.39 MT in Q3FY24 from 9.58 MT in the same quarter a year ago.
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.