NMDC’s Iron Ore Output Grows 23% In December
A dump truck transports iron ore at the open pit mine, operated by ArcelorMittal. (Photographer: Vincent Mundy/Bloomberg)

NMDC’s Iron Ore Output Grows 23% In December

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State-owned NMDC Ltd. on Friday posted over 23% rise in iron ore output at 3.86 million tonne during December.

In the year-ago period, the miner had produced 3.13 MT iron ore from its mines, NMDC said in a BSE filing. The company's total sales during the month under review were at 3.62 MT, up 19% from 3.04 MT in December 2019.

NMDC, under the administrative control of the Ministry of Steel, is the country's largest iron ore miner, presently producing about 35 MT of iron ore annually from three fully mechanised mines in Chhattisgarh and Karnataka. Besides iron ore, it is also involved in exploration of a wide range of minerals like copper, rock phosphate, limestone, dolomite and gypsum.

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