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NMDC reports 18% rise in iron ore production during November

02 Dec 2024 Evaluate

NMDC has registered a 17.75% rise in its iron ore production to 4.51 million tonne (MT) in November 2024. The company had produced 3.83 MT iron ore in November last year. The sales volumes increased 5.54% to 4.00 MT in November 2024 from 3.79 MT in the same month a year ago.      

The company’s Chhattisgarh mines produced 3.27 MT of iron ore and registered sales volume of 2.90 MT in November 2024, while Karnataka mines produced 1.24 MT of iron ore and sold 1.10 MT of iron ore in November 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 425.60
NMDC 82.45
Ashapura Minechem 542.60
Sandur Manganese 190.35
GMDC 575.20
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