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NMDC reports 4% rise in iron ore production during October

04 Nov 2024 Evaluate

NMDC has registered a 3.83% rise in its iron ore production to 4.07 million tonne (MT) in October 2024. The company had produced 3.92 MT iron ore in October last year. The sales volumes increased 17.15% to 4.03 MT in October 2024 from 3.44 MT in the same month a year ago.      

The company’s Chhattisgarh mines produced 2.93 MT of iron ore and registered sales volume of 2.91 MT in October 2024, while Karnataka mines produced 1.14 MT of iron ore and sold 1.12 MT of iron ore in October 2024.     

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 406.00
Sandur Manganese 162.00
GMDC 412.20
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