India: NMDC sets 44 mn t iron ore output target for FY’22

India’s largest iron ore producer, NMDC declared its production targets for FY’22 during an investor’s held on 23 Jun’21, as per SteelMint reports. The miner is targeting 44 mn t of iron ore production in FY’22, out of which 13 mn t is expected to come from Karnataka and the remaining volume from the company’s Bailadila iron ore mines in Chhattisgarh. Moreover, the miner is planning to expand its EC capacity to 83 mn t from the current 51.8 mn t per annum.