Tag: NMDC Iron Ore Production
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India: NMDC’s iron ore production drops in Q1FY’25, FY’25 guidance remains unchanged
Production guidance at 53-55 mnt in FY’25 No retrospective effect of SC mineral tax order NMDC, India’s largest iron ore producer, has announced its Q1FY’25 (April-June, 2024) results. Expected production in FY’25 will be around 53-55 million tonnes (mnt) which will be achieved via enhancement of its Kumaraswamy mines in Karnataka and incremental volumes from…