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NMDC’s iron ore output rose 10% in August, sales 8%


Sales of the key raw material for steel at 3.39 MT (3.14 MT) were almost 8% higher.

NMDC’s iron ore production in August rose nearly 10% to 3.37 million tonnes compared to the 3.07 MT a year earlier.

Sales of the key raw material for steel at 3.39 MT (3.14 MT) were almost 8% higher, the numbers shared with the State-owned miner with the stock exchange on Monday showed.

The country’s largest iron ore producer, NMDC reported 27.85% increase in the output for the five months, ended August, to 18.45 MT (14.43 MT). Sales increased 12.90% to 18.37 MT (16.27 MT).

The company is eyeing a record 55 MT iron ore production in current fiscal. In 2024-25, the production stood at 44.04 MT, while in the previous fiscal it touched a record 45.2 MT.



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