New Delhi: Surpassing previous records Mines of SAIL Raw Materials Division (RMD) produced 22.47 MT of iron ore in FY 2019-20 notching a growth of 4.7% over CPLY. The mines also recorded all time best iron ore despatch of 22.37 MT notching a growth of 7% over CPLY. RMD also scored best ever iron ore lump production of 7.50 MT clocking a growth of 1.7% over CPLY. It is the best ever performance since inception.
Individually SAIL-RMD’s Bolani and Taldih iron ore mines recorded highest ever annual production of 5.926 MT and 0.984 MT respectively. Both the mines also clocked best ever despatch of 5.689 MT and 0.974MT respectively.
RMD iron ore mines, which are located in Jharkhand and Odisha, meet 100% iron ore demand of SAIL Steel Plant in eastern part of the country. In addition to that, RMD supplement iron ore fines requirement of Bhilai steel plant in Chhattisgarh. Mines under Bhilai Steel Plant produced and despatched respectively 6.79 MT and 7.06 MT of iron ore. In total SAIL ramped up iron ore production and dispatch to 29.26 MT and 29.43 MT notching growth of 3.2% and 5 % respectively.
Selling of iron ore fines from SAIL mines has also been initiated to augment the country’s steel production, as the iron ore demand in the market is soaring.
RMD’s Limestone production and despatch shot up to 1.24 MT and 1.25 MT respectively.
Posted Date : 06-04-20
Categories : PSU NEWS