India’s largest iron ore miner, NMDC, produced 42.15 million tonnes (mnt) of the steel-making raw material in FY’22, higher by 23% y-o-y compared to 34.15 mnt in the same period last year, the company has recently announced. Meanwhile, NMDC’s annual sales performance also improved significantly by 22% on the year to 40.7 mnt as against 33.25 mnt in the year-ago period.

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