NMDC is planning to increase iron ore production by 5-8 MnT to 35-38 MnT in this fiscal.
NMDC- India’s largest iron ore producer has planned to ramp up iron ore production by 5-8 MnT to 35-38 MnT in FY16.
The company’s performance has remained stable last fiscal. The miner produced 30.44 MnT iron ore in FY15 which has improved marginally against FY14. Total iron ore production in FY14 amounted to 30.02 MnT in FY14.
NMDC’s Iron Production stood at 7.94 MnT in Q4 FY15
NMDC produced 7.94 MnT iron ore in the last quarter of FY15 against 9.96 MnT in Q4 FY14 which is down by 20%.
Leave a Reply