02
May
13:40
NMDC posts rise in April output, deliveries
Indian state-run iron ore miner NMDC’s production grew 11% on-year to 3.51 million tonnes in April, against 3.15mt produced a year earlier. Deliveries also increased 10% to 3.43mt against 3.12mt last year, Kallanish notes.
"After surpassing the 41mt production record for the second year in a row in FY23 [fiscal year ended 31 March 2023], NMDC is off to a strong start in FY24, which is a direct result of our team's efforts and the company's strat…
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