NMDC: The company produced a staggering 3.41 million tonnes and successfully sold 3.54 million tonnes of iron ore during August month
Hyderabad, September 1(City Times): NMDC, a leading mining company under the Ministry of Steel, has achieved remarkable performance in August 2023. The company produced a staggering 3.41 million tonnes and successfully sold 3.54 million tonnes of iron ore during this month. These figures mark NMDC’s highest-ever production and sales in the month of August, with an impressive growth of 38% and 25% over the previous year.
This outstanding performance has significantly contributed to NMDC’s cumulative production, which has reached 16.56 million tonnes, and sales totaling 17.43 million tonnes in the fiscal year 2023-24. These numbers represent a remarkable 23% increase in production and a 30% increase in sales compared to the previous year.
Shri Amitava Mukherjee, CMD (Additional Charge) of NMDC, expressed his satisfaction, stating, “These are our best-ever results for August and cumulative production, underscoring our unwavering commitment to achieving 50 million tonnes of production this fiscal year.” He congratulated his dedicated team for this remarkable achievement and emphasized NMDC’s crucial role in bolstering self-reliance in India through the consistent supply of high volumes of high-grade iron ore. Mukherjee also highlighted NMDC’s vision to become a global, sustainable, technology-driven company with enhanced production capacity, striving to set new industry benchmarks.