New Delhi: India’s mining major National Mineral Development Corporation (NMDC), under Ministry of Steel, is continuing on the growth trajectory. It produced 3.2 million tonnes (MnT) and sold 2.65 MnT in the second month of FY23.

According to an official statement, iron ore production in May 2022 was 14.3 per cent higher than the 2.8 MnT produced in May 2021. NMDC’s cumulative production up to May 2022 stood at 6.35 MnT, a 7.4 per cent growth from the cumulative production of 5.91 MnT up to May 2021. The largest iron ore producer of India sold 5.77 MnT in FY23, up to May 2022 this fiscal.

Congratulating his team on this performance, Sumit Deb, CMD, NMDC, said: “Our consistent growth in production has not only made NMDC the fastest growing iron ore mining company in India but also the most consistent supplier to the domestic steel sector. We have strengthened our core by welcoming a fleet of new age technology and digital interventions to our business.” /BI/