India: OMC records 5.57% hike in minerals production in FY21

Total minerals production by state PSU miner Odisha Mining Corporation (OMC) increased by 5.57% in FY21 compared to the previous fiscal despite the pandemic affecting operations in the first couple of quarters. Total production of iron and chrome ore as well as bauxite climbed to 17.12 mn t in FY21 vis-a-vis 16.22 mn t in FY20, the company informed in a recent Twitter post. With new mines in its kitty and a resurgent domestic steel industry, OMC expects to double minerals production within 2 years.


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