India’s leading iron ore miner, National Mineral Development Corporation (NMDC), produced 3.06 million tonnes (mn t) of iron ore in Jul’21, up 40% as against 2.19 mn t in Jul’20, SteelMint learnt from the state-owned miner’s recent BSE disclosure.
However, on a monthly basis, production rose by 3% against 2.98 mn t in Jun’21. Out of the total volume produced in Jul’21, the miner recorded a major chunk of output from its Chhattisgarh mines at 2.08 mn t and the remaining 0.98 mn t from the Karnataka mines. The miner’s production from Chhattisgarh mines has gone up by 7% m-o-m.
Source: BSE filings, SteelMint Research
Qty in mn t
Iron ore sales up in Jun’21
NMDC recorded a 3% increase in its total iron ore sales for the month under review to 3.29 mn t as against 3.18 mn t in Jun’21. Total sales from the Chhattisgarh mines stood at 2.31 mn t and the remaining 0.98 mn t were from the Karnataka mines.
The company has registered a 28% hike in sales on an annual basis as against 2.57 mn t in Jul’20. The miner’s cumulative iron ore production and sales figures up to Jul’21 (Apr-Jul’21) achieved a 36% increase in production and 43% in sales over the CPLY.
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