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11 Apr
15:28

Goa to raise output after Vedanta March-quarter surge

Vedanta’s iron ore sales rose 15% on-year in the fourth fiscal quarter through March (FQ4) to 3 million tonnes, driven by a 44% surge at Goa to 2.3mt, Kallanish learns from the Indian miner. Saleable iron ore output surged 32% on-year in FQ4 to 3.7mt. This came entirely from Goa compared to 1.9mt in the year-earlier quarter. The unsold inventory will be sold in the June quarter. Vedanta’s Goa mine produced 2.6mt of iron ore above its annual mining al…
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