NMDC production up by 8%


   National Mineral Development Corporation (NMDC), the country’s largest Iron Ore producer, has witnessed a spectacular growth during FY21 both in production and sales performance over the CPLY.

   Iron ore production for FY21 stands at 34.11 MT as against the 31.49 MT in FY20, and registered a growth of 8%.

   Iron Ore sales during the FY21 increased by 6% at 33.27 MT as against the 31.51 MT in FY20. Quarterly Production & Sales of 12.31 MT and 11.11 MT in Q4 are the highest ever since inception and are more by 2.84 MT (30%) and 2.49 (29%) over previous year.

   The Bailadila Projects at Chhattisgarh have produced 26.56 MT in FY21 as compared to last year’s production of 24.49 MT and registered a growth of 8% in production.

    The total sales of iron ore from Bailadila projects in FY21 is 25.85 MT against 24.46 MT in FY20, which is 6% higher than the previous year.

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