India: NMDC targeting 44 mn t of iron ore output in FY22

India: NMDC targeting 44 mn t of iron ore output in FY22

At the investor’s call today on the occasion of the declaration of Q1 FY’22 results, leading state-run miner NMDC highlighted that target production for FY22 is 44 mn t. The new screening plant at Kirandul would add around 2-2.5 mn t/year. In addition, the company is planning to ramp up Kumaraswamy’s EC limit to 10 mn t from the current 7 mn t per annum.


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