NMDC logs record numbers in April-Dec ’21

Hyderabad: State-run iron ore miner

NMDC Ltd

on Monday said it clocked its highest ever production of iron ore for any December month since inception at 3.95 million tonnes (MT) and sold 3.40 MT in December 2021. With this, the cumulative production and sales figures for the first nine months of FY22, up to December 2021, stood at 28.32 MT and 28.36 MT, respectively, recording the best ever nine months physical performance,

NMDC

said. This was a growth of 30% in production and 27% in sales of iron ore as compared to the nine months period of FY21.

NMDC CMD Sumit Deb

said: “In 2022, with the completion of several of our projects, you will see NMDC transition into a very different company with stronger fundamentals...”tnn