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NMDC exceeds 30 MT output mark

NMDC exceeds 30 MT output mark
Highlights

The country's top iron ore producer NMDC on Monday said it has surpassed 30 million tonne (MT) mark in production as well as sales in 2018-19, for third year in a row

Hyderabad: The country's top iron ore producer NMDC on Monday said it has surpassed 30 million tonne (MT) mark in production as well as sales in 2018-19, for third year in a row.

The state-run company has produced 32.44 MT and recorded sales of 32.38 MT iron ore during the just concluded fiscal. "NMDC has once again showcased excellent performance for 2018-19.

NMDC has surpassed the 30 million tonne figure of production and sales for the third year consecutively," the company said in a statement.

It said good production and sales figures were recorded despite suspension of Donimalai mine operations for five months, no exports up till August 2018, high rainfall in Bailadila sector and poor offtake in Karnataka in the first quarter.

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