NMDC Records Best Ever May Month Performance; witnessed 13.7% and 22% growth in Fy24
State Miner NMDC produced 3.71 MnT and sold 3.62 MnT of iron ore in the second month of FY24, recording the highest-ever May month production and sales in company history.
NMDC Records Best Ever May Month Performance; witnessed 13.7% and 22% growth in Fy24
Hyderabad: State Miner NMDC produced 3.71 MnT and sold 3.62 MnT of iron ore in the second month of FY24, recording the highest-ever May month production and sales in company history.
Registering an upswing of 16% in production and 37% in sales over CPLY, NMDC has made a strong start to the fiscal. The country’s largest iron ore producer has achieved its best-ever April and May performances since its inception in FY24.
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Commenting on this performance, Shri Amitava Mukherjee, CMD (Additional Charge) said on Wednesday that “India’s volume of iron ore production has been predicted to grow by about 10% in FY24.
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