Team News Riveting
Hyderabad, June 1
Continuing on the growth trajectory, mining major NMDC produced 3.2 Million Tonnes (MnT) and sold 2.65 MnT in the second month of financial year 2022-23 (FY23) ended May 31, 2022.
Iron ore production in May 2022 was 14.3 per cent higher than the 2.8 MnT produced in May 2021.
NMDC’s cumulative production upto May 2022 stood at 6.35 MnT, a 7.4 per cent growth from the
cumulative production of 5.91 MnT upto May 2021.
The largest iron ore producer of India sold 5.77 MnT in FY23, upto May 2022 in the current fiscal.
Congratulating the team on the performance, Sumit Deb, CMD, NMDC said, “Our consistent growth in production has not only made NMDC the fastest growing iron ore mining company in India but also the most consistent supplier to domestic steel sector. We have strengthened our core by welcoming a fleet of new age technology and digital interventions to our business.”
