NMDC iron ore output jumps 20 pc to 2.90 MT

NEW DELHI, May 22: State-owned miner NMDC Wednesday said its iron ore output rose over 20 per cent to 2.90 million tonne (MT) in April.

The company produced 2.21 MT iron ore from its mines in Chhattisgarh, while its production from Karnataka mines stood at 0.69 MT, NMDC said in a filing to the BSE.

NMDC’s output had stood at 2.41 MT during the corresponding month in 2018.

The company sold 2.70 MT of iron ore — 2.18 MT from Chhattisgarh and 0.52 MT from Karnataka — during April 2019, NMDC said.

Sales in April 2018 had stood at 2.22 MT.

Production and sales figures of iron ore are provisional, NMDC added.

According to its website, NMDC is the country’s single largest iron ore producer, currently producing about 35 million tonne of iron ore from three fully mechanised mines.

Besides iron ore, NMDC is also involved in the exploration of wide range of minerals such as copper, lime stone and gypsum. (PTI)