India: NMDC’s iron ore production, sales rise m-o-m in Sep’22

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NMDC, India’s largest iron ore miner, produced 2.73 mnt of raw material in Sep’22, up by 10% from 2.48 mnt in August.
Cumulative production in Apr-Sep’22 declined by 9% to 16.18 mnt compared to 17.71 mnt in the same period last year.
Meanwhile, iron ore sales inched up by 3% m-o-m to 2.91 mnt in Sep’22.

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