NMDC Feb Iron ore production jumps 19 percent, sale grows 12 percent

NMDC Feb Iron ore production jumps 19 percent, sale grows 12 percent
NMDC CMD, Sumit Deb (PSU Connect)

New Delhi: NMDC, an eco-friendly mining company and the largest producer of iron ore in India has reported a 19 percent increase in iron ore production and 12 percent growth in the sales during February compared to the achievement in the corresponding period last fiscal.

The country’s largest iron ore producer registered sales of 3.25 MT (2.91 MT). In February 2020 it stood 3.86 million tonnes as against 3.24 MT.

According to a release from NMDC on Tuesday said the Bailadila Projects at Chhattisgarh produced 3.15 MT in February or 8% more compared to the 2.93 MT in the same period last year. The total sales of iron ore from Bailadila projects at 2.62 MT was also an 8% increase from the 2.42 MT of February 2020.

"These production and sales figures definitely display NMDC’s strong character to bounce back in spite of operational challenges. This achievement is possible only due to the hard work and commitment demonstrated by the employees. We foresee a gradual rise in numbers and will continue to set new records,” CMD Sumit Deb said.