National Mineral Development Corporation (NMDC produced 3.41 million tonnes and sold 3.54 million tonnes of iron ore in the month of August 2023. With these volumes, the company recorded its best-ever August month production and sales with a growth of 38% and 25% over CPLY respectively.
These figures took NMDC’s production tally to 16.56 million tonnes and sales total to 17.43 million tonnes in FY24 thus far. The cumulative production climbed by 23% and sales increased by 30% over CPLY. “These are our best-ever August and cumulative results, a testament to our relentless pursuit of 50 MnT production this fiscal,” commented Mr. Amitava Mukherjee, CMD (Additional Charge).