Tag: NMDC iron ore production sales
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NMDC Iron Ore Production Falls by 6.9% in FY16
NMDC misses iron ore production guidance by 6.7 MnT and sales guidance by 9.1 MnT. India’s single largest iron ore producer-National Mineral Development Corporation (NMDC) produced 28.3 MnT iron ore against 30.44 MnT in previous fiscal. Thus, miner’s overall iron ore production has fallen by 6.9%. The miner produced 16.6 MnT iron ore from its Chhattisgarh mines (down…