India: NMDC’s iron ore production rises over 7% y-o-y in Sept’26

• Sept production reaches 4.04 mnt
• Production rises despite monsoon impact

NMDC’s iron ore production increased 7.7% y-o-y to 4.04 mnt in September 2026, while sales declined 9.5% to 3.51 mnt. On monthly basis, volumes have inched down against 4.07 mnt output clocked in August. Sales volumes have too dropped from 3.58 mnt in Aug’26. Indian iron ore production has been impacted amidst monsoons.

The divergence indicates that production growth outpaced sales during the month. For April-September, production rose 22.8% y-o-y to 27.27 mnt, while sales declined 2.2% to 22.23 mnt.

NMDC Ltd has commissioned its 2 million tonne per annum (mnt/year) pellet plant at Nagarnar in Chhattisgarh, as part of a INR 5,427-crore integrated project of iron ore processing, pipeline and pellet making connecting its iron ore operations at Bacheli with the company’s steel plant at Nagarnar.

The project includes a new iron ore processing plant at Bacheli, a 15 mnt/year slurry pipeline and the 2 mnt pellet plant at Nagarnar. The 135 km slurry pipeline carries processed iron ore concentrate from Bacheli to Nagarnar, providing an alternative to transporting the material by road.

The project is part of NMDC’s broader expansion and diversification strategy as the company works towards increasing its iron ore production capacity to 100 mnt by 2030.