India’s largest iron ore producer NMDC reported 3.15 million tonnes of production and 3.12 MT sales in April, both an increase of under 1% compared to the year earlier period’s performance.
Iron ore production in April 2022 was 0.6% more that the output in the year earlier, while sales were 0.9% higher. The company continues to register growth in its physical performance, NMDC said in a release on Monday.
This was the highest production in April in the company’s history. It came in the backdrop of the company producing over 42 MT in 2021-22.